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A diploma mill (also known as a degree mill) is a business that sells illegitimate diplomas or academic degrees. The term diploma mill is also used pejoratively to describe any educational institution with low academic admission standards, low job placement rate, or low average starting salaries of its graduates.
The degrees can be fabricated, falsified, or misrepresented. These businesses may claim to give credit for relevant life experience, but should not be confused with legitimate institutions that award credit in prior learning assessment programs. They may also claim to evaluate work history or require submission of a thesis or dissertation for evaluation to give an appearance of authenticity. Diploma mills are frequently supported by accreditation mills set up for the purpose of providing an appearance of authenticity.

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