This paper gives an assessment of the social and motivational value of scientific degrees of Russian university teachers. The author analyzes the historical experience and current trends in the transformation of the system of degrees. The paper shows the dynamics and structural characteristics of teachers with different professional and qualification status in the context of modernization of higher education. An assessment of salary level according to scientific degree is given. Based on the results of a sociological survey, behavior strategies in respect of earning a degree of candidate and doctor of sciences are identified. The principal status advantages of degree holders are described. Reasons for the discredit of the Russian system of scientific degrees are identified.