Which of the following statements is true regarding a credential society?
Group of answer choices

It is a society in which higher education can be obtained only by those people whose annual income levels are above a specific limit.


It is a society in which higher education is restricted only to those people who belong to a particular race.


It is a society in which higher education is seen as evidence of the attainment of the needed knowledge and skills for various kinds of jobs.


It is a society in which college education is restricted only to the upper-class people.


It is a society which encourages studying particular subjects for higher education based on gender, race, and ethnicity of an individual.