摘要:This paper provides a brief account of contemporary issues in overschooling. The main emphasis is on theoretical and measurement approaches to graduate overschooling. The paper draws on four models (the neoclassical account, Spence’s Job-Screening Model, Thurow’s Job-Competition Model, and Beck’s Human Capital Theory) to explain the measures of overschooling, job-skill match and wage equilibrium on both the short run and the long run. The paper further assesses, based on literature from industrial psychology, how overschooling with attendant job dissatisfaction can result in adverse workplace behaviour with attendant counter-productivity. The paper then presents a prevue of the overschooling situation in Nigeria before it concludes with extensive recommendations for public and private policy makers, educators, economists, and education investors.