Companies Drop College Degree Requirements for Many Jobs
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American companies like Walmart, IBM, and Google are eliminating college degrees as requirements for many corporate roles to remove barriers and open opportunities.
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Nearly half of middle-skill jobs and 31% of high-skill jobs dropped degree requirements from 2017-2019, potentially opening up 1.4 million jobs.
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The high cost of college is causing many to question the value of degrees, as skills can be demonstrated through experience.
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Companies are shifting to skills-based hiring, focusing on proven track records over degrees for many positions.
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Entrepreneurs see the emphasis on real-world experience over degrees as beneficial, though some roles like medicine still require college.