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George Gollin, a board member of the U.S.-based Council for Greater Education Accreditation, informed CNN he estimates that more than 100,000 fake degrees are sold each year in the U.S. alone. Of those, around one third are postgraduate degrees. He included that a bogus degree will typically cost $1,000. By trade, Gollin is a physics professor at the University of Illinois.

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According to a story in Wired Publication, his interest relied on outrage after he stumbled upon news of a forensic psychologist who had actually purchased her degree. "Here's this person who's untrained doing healing interventions," he told Wired. "I thought, 'Jesus, this is actually bad.'" The institutions that offer these phony certifications are called either diploma mills or degree mills.

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According to Gollin, establishing a degree mill is merely a matter of developing a Website that looks like it comes from an authentic university. The Website consists of a method for clients to pay for their qualifications online and a place for potential companies to call to confirm the degree is real.

One degree mill needed about a week's worth of coursework to earn a masters degree. Gollin stated this token coursework is largely for the consumers' benefit-- to help them convince themselves they have earned their credentials. While Did you see this? may be deceived into thinking they are getting a genuine qualification, Gollin stated that practically everyone buying from a degree mill understands they are getting a phony.

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" If you can get a whole Ph, D over the course of one week and you do not understand that's not genuine, then you're simply dumb." But for some, intentionally buying a phony degree is an easy way of improving their task potential customers. "Normally, phony degrees are generally bought for financial benefit for people who are looking for promo or looking for to get tasks where the employer desires them to have a degree," Gollin told CNN.

Gollin gave the example of one American who purchased a Bachelor's degree in nuclear engineering, and who's now operating in the control room of a nuclear reactor. He likewise pointed out a U.S. degree mill that sells fake Ph, Ds to genuine medical doctors for $10,000, and added that unqualified physicians have been jailed in the U.S.