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Nov 29 - How college degree lost its value - companies to axe degree requirements


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 3 months ago '23        #1
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ThesOne  topics gone triple plat - Number 1 spot x7
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icon Nov 29 - How college degree lost its value - companies to axe degree requirements
 

 
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Nearly half of US companies intend to eliminate Bachelor's degree requirements for some job positions next year, a new survey has revealed.

And 55 percent said they'd already eliminated degree requirements this year, according to an Intelligent.com survey of 800 US employers, carried out in November.

It comes after Walmart, IBM, Accenture, Bank of America and Google announced similar plans.

The survey found that the same employers that have already eliminated Bachelor's degree requirements were far more likely to continue doing so.

Some 80 percent of those people joined the company without a four-year-degree.

Earlier this year, the company expanded the program with the goal of filling 20 percent of its US entry-level roles.

'A person's educational credentials are not the only indicators of success, so we advanced our approach to hiring to focus on ski1ls, experiences and potential,' CEO of Accenture North America, Jimmy Etheredge, told the outlet.

In October, Walmart eliminated college degrees as a requirement for hundreds of its corporate roles, saying it would get rid of 'unnecessary barriers' that prevent career advancement.

It said job applicants would start seeing updated job descriptions next year.

In particular, it said it will waive the need for a university degree if candidates can show they have gained the necessary ski1ls through alternative prior experience.

'While degrees should be part of the equation and in some cases even required, there are many roles where a degree is simply unnecessary, including at corporate headquarters,' a blog post from the retailer read.

But while some companies appear to be spearheading the movement, those that haven't made changes thus far appear less likely to do so in the future.

Among the companies that didn't eliminate bachelor's degree requirements in 2023, only 9 percent said they anticipate doing so next year.

As part of the survey, employers were also asked what types of positions they were most likely to eliminate degree requirements for.

Among the 55 percent who eliminated bachelor's degree requirements, 70 percent did so for entry-level roles, 61 percent for mid-level roles and 45 percent for senior roles.

And of the 95 percent of employers who have bachelor's degree requirements, 24 percent require these degrees for three-quarters of their jobs and 27 percent say they require a degree for about half of their positions.

A report published by the Burning Gla$s institute last year described the growing trend of cutting degrees as a requirement as 'an essential step in reducing inequity in the American labor market.'

 https://www.dailymail.co. .. s-walmart.html
+16   



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187 comments

 3 months ago '06        #2
wario101 
Props total: 4725 4 K  Slaps total: 300 300
Experience is worth more than any degree. Know a few people in Navy that separated got good paying jobs without a degree.
+67   

 3 months ago '11        #3
UrDoinGood  topics gone triple plat - Number 1 spot x1
Props total: 21662 21 K  Slaps total: 4002 4 K
I'm not 30K in debt like my baby mama who swore she'd make more money than me by going to school

emoji


Last edited by UrDoinGood; 11-30-2023 at 02:16 PM..
+72   

 3 months ago '07        #4
Exquisit 
Props total: 3737 3 K  Slaps total: 594 594
times change the grinds change...

nyca$s still going to school when you have ALL the information at your fingertips (plus fuccin ai?)...

now for specialized things, like becoming a doctor, i feel you should go through some sort of educational system for that...
+17   

 3 months ago '15        #5
Teddy KGB 
Props total: 98161 98 K  Slaps total: 11229 11 K
 Exquisit said 🔗
nyca$s still going to school when you have ALL the information at your fingertips (plus fuccin ai?)...
You can’t just substitute 4 years of studying and learning from professors with Google searches, Wikipedia, and AI.
+58   

 3 months ago '07        #6
Exquisit 
Props total: 3737 3 K  Slaps total: 594 594
 Teddy KGB said 🔗
You can’t just substitute 4 years of studying and learning from professors with Google searches, Wikipedia, and AI.
Actually, most people can't, you are right, and hence why they go to school and rack up debt...

“Think of how stupid the average person is, and realize half of them are stupider than that.”

emoji
+32   

 3 months ago '15        #7
Teddy KGB 
Props total: 98161 98 K  Slaps total: 11229 11 K
 Exquisit said 🔗
Actually, most people can't, you are right, and hence why they go to school and rack up debt...

“Think of how stupid the average person is, and realize half of them are stupider than that.”

emoji
I agree that becoming significantly indebted to go to college is usually unwise, however, doing so is not required to get a degree.
+15   

 3 months ago '06        #8
JCash 
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So if this is the case, do away with student loan repayments
+26   

 3 months ago '04        #9
DJ Maximum|M  topics gone triple plat - Number 1 spot x7
Props total: 70928 70 K  Slaps total: 4559 4 K
I mean the only way to truly know the position is assessment tests and not those wonderlic bs ones

But college was mostly a deterrent used to not hire black and Brown folks

NoW that black and Brown folks are getting masters degrees they stopping affirmative action ������

They still moving goal posts

Trust me top companies will still look at the ivy leagues above the rest


Last edited by DJ Maximum; 11-30-2023 at 04:26 AM..
+48   

 3 months ago '23        #10
D3STR0 
Props total: 1326 1 K  Slaps total: 208 208
 JCash said 🔗
So if this is the case, do away with student loan repayments


+6   

 3 months ago '21        #11
Tlatoani  topics gone triple plat - Number 1 spot x1
Props total: 66050 66 K  Slaps total: 18885 18 K
 Exquisit said 🔗
Actually, most people can't, you are right, and hence why they go to school and rack up debt...

“Think of how stupid the average person is, and realize half of them are stupider than that.”

emoji
Americans owe over a trillion on credit cards and the average monthly car payment on used cars is over $500 a month.

If you think investing in a 4-year degree is a waste of money, then you need to see how the average American spends their money.

Turns out that factually, more education = more money on average:




Last edited by Tlatoani; 11-30-2023 at 03:01 AM..
+24   

 3 months ago '21        #12
Tlatoani  topics gone triple plat - Number 1 spot x1
Props total: 66050 66 K  Slaps total: 18885 18 K
 JCash said 🔗
So if this is the case, do away with student loan repayments
These companies aren't gonna pay em back for you.

And if at this point you're still getting entry level positions like most of the jobs mentioned, I can understand why you need someone else to pay your student loans.

 3 months ago '06        #13
yumflip  topics gone triple plat - Number 1 spot x2
Props total: 30583 30 K  Slaps total: 3188 3 K
 DJ Maximum said 🔗
I mean the only way to truly know the position is assessment tests and not those wonderlic bs ones

But college was mostly a deterrent used to not hire black and Brown folks

Not that black and Brown folks are getting masters degrees they stopping affirmative action ������

They still moving goal posts

Trust me top companies will still look at the ivy leagues above the rest
If you think about it, eliminating degree requirements, also means lowering wage requirements. A lot of those jobs at least came w/a floor for salary & compensation. What they're low key doing is pushing more people into the "middle class" of the infrastructure. Happened at my company no too long ago. They hired a bunch of recent grads at a lower number on the scale. Started them in entry level exec & management positions. Offered early retirement & severance to the long time employees in similar positions. And are slowly integrating the new hires into the senior positions. All for way less $ than the 20-30yr experienced workers. Now when they hire the next round of replacements, without degree requirements, they can lower those salaries as well. And all that saved salary makes it's way to the top of the exec board & shareholders. If you're running a business, sh1t is genius on the low.
emoji
+34   

 3 months ago '16        #14
levelup 
Props total: 2461 2 K  Slaps total: 389 389
My sister graduated with a PHD, makes less than me and is still paying her student loans while I'm free of student loans and make more only with a Associates!

emoji
+12   

 3 months ago '07        #15
yola  topics gone triple plat - Number 1 spot x91
Props total: 137274 137 K  Slaps total: 20330 20 K
the reason for requiring a college degree is because it's a socially acceptable way to be able to discriminate against certain cultures and types of people

a college degree is a receipt that you will show up, do what you're told, never rock the boat, push the envelope or go against the grain

an applicant with a degree is rarely asked to demonstrate ski1ls and abilities prior to being hired

it's a faith-based culture, when someone has a degree, other people with degrees have faith that they - and the person with a degree - are automatically better than everyone else

in most cases, a degree is a red flag for inequality, arrogance and supremacism

people get a degree in one particular subject and then think that makes them an expert on everything, my cousin has a master's in computer science, but he thinks that tr@nslates into anything his 5 senses experience, it doesn't matter the subject, you cannot tell this muhfu#ka anything

for proof, look no further than the academic and intellectual obsession with spelling, grammar, pronunciation etc, there's no science involved with the English language, it's 100% arbitrary, subjective and capricious - and at the very same time - it's the primary weapon that graduates to use to demonize the working class, different cultures and the less fortunate

if you're going to fly in plane, do you want the pilot who's been sitting in a room listening to someone - who has sat in rooms - talk about flying planes?

or do you want someone who knows how to fly a plane because they've been flying planes?


+23   

 3 months ago '22        #16
Haichiroku  topics gone triple plat - Number 1 spot x2
Props total: 13562 13 K  Slaps total: 4792 4 K
 Exquisit said 🔗
Actually, most people can't, you are right, and hence why they go to school and rack up debt...

“Think of how stupid the average person is, and realize half of them are stupider than that.”

emoji
 Tlatoani said 🔗
Americans owe over a trillion on credit cards and the average monthly car payment on used cars is over $500 a month.

If you think investing in a 4-year degree is a waste of money, then you need to see how the average American spends their money.

Turns out that factually, more education = more money on average:


And it's not even close.
+6   

 3 months ago '21        #17
Tlatoani  topics gone triple plat - Number 1 spot x1
Props total: 66050 66 K  Slaps total: 18885 18 K
 yola said 🔗
the reason for requiring a college degree is because it's a socially acceptable way to be able to discriminate against certain cultures and types of people

a college degree is a receipt that you will show up, do what you're told, never rock the boat, push the envelope or go against the grain

an applicant with a degree is rarely asked to demonstrate ski1ls and abilities prior to being hired

it's a faith-based culture, when someone has a degree, other people with degrees have faith that they - and the person with a degree - are automatically better than everyone else

in most cases, a degree is a red flag for inequality, arrogance and supremacism

people get a degree in one particular subject and then think that makes them an expert on everything, my cousin has a master's in computer science, but he thinks that tr@nslates into anything his 5 senses experience, it doesn't matter the subject, you cannot tell this muhfu#ka anything

for proof, look no further than the academic and intellectual obsession with spelling, grammar, pronunciation etc, there's no science involved with the English language, it's 100% arbitrary, subjective and capricious - and at the very same time - it's the primary weapon that graduates to use to demonize the working class, different cultures and the less fortunate

if you're going to fly in plane, do you want the pilot who's been sitting in a room listening to someone - who has sat in rooms - talk about flying planes?

or do you want someone who knows how to fly a plane because they've been flying planes?


Don't cape for illiterate people.

They had access to 13 years of school just like everyone else.

A pilot still has to have specialized education though which is just another barrier that you're complaining about. It's not cheap either.
+4   

 3 months ago '18        #18
Txheat 
Props total: 46573 46 K  Slaps total: 3322 3 K
They want to do that so they can decrease the pay for some of these degreed positions. Yall keep an eye out
+16   

 3 months ago '20        #19
wargasm12 
Props total: 1916 1 K  Slaps total: 289 289
For certain jobs there should be some type barrier of entry or it will lead to lower wages and poorer performance

The fact that they are considering removing the education requirements is a huge red flag
+5   

 3 months ago '11        #20
Silencer  topics gone triple plat - Number 1 spot x1
Props total: 66645 66 K  Slaps total: 2783 2 K
 UrDoinGood said 🔗
I'm not 30K in debit like my baby mama who swore she'd make more money than me by going to school

emoji

Ur Doin Good



+4   

 3 months ago '15        #21
Hellmatic 
Props total: 92180 92 K  Slaps total: 7992 7 K
This couldn't be more relevant. Classic album


🔗

+6   

 3 months ago '21        #22
loveeveryday  topics gone triple plat - Number 1 spot x13
Props total: 39176 39 K  Slaps total: 13138 13 K
Your not becoming a doctor or lawyer by not going to school don’t let these social media gurus make you sell your self short BX

Go to college and pick the right major it’ll change your life once you get that degree you’ll finally be able to afford the things you never could and live in neighborhoods the average person can’t

Most people on bx work dead end jobs in a warehouse or are in and out of prison don’t listen to them

Take a note from the j3wish and Asian communities go to school and work your a$s off

/thread

P.s. if your born in a rich family this doesn’t apply to you


Last edited by loveeveryday; 11-30-2023 at 06:15 AM..
+30   

 3 months ago '22        #23
Qnzpimpin223 
Props total: 4100 4 K  Slaps total: 408 408
 loveeveryday said 🔗
Your not becoming a doctor or lawyer by not going to school don’t let these social media gurus make you sell your self short BX

Go to college and pick the right major it’ll change your life once you get that degree you’ll finally be able to afford the things you never could and live neighborhoods the average person can’t

Most people on bx work dead end jobs in a warehouse or are in and out of prison don’t listen to them

Take a note from the j3wish and Asian communities go to school and work your a$s off

/thread

P.s. if your born in a rich family this doesn’t apply to you
I remember the day I was around mad Asian kids in my school and realizing I didn’t want to be anything like them. Dropped out not soon after. It’s funny u mention that
+8   

 3 months ago '22        #24
TheWolf 
Props total: 3158 3 K  Slaps total: 2020 2 K
 ThesOne said 🔗



Nearly half of US companies intend to eliminate Bachelor's degree requirements for some job positions next year, a new survey has revealed.

And 55 percent said they'd already eliminated degree requirements this year, according to an Intelligent.com survey of 800 US employers, carried out in November.

It comes after Walmart, IBM, Accenture, Bank of America and Google announced similar plans.

The survey found that the same employers that have already eliminated Bachelor's degree requirements were far more likely to continue doing so.

Some 80 percent of those people joined the company without a four-year-degree.

Earlier this year, the company expanded the program with the goal of filling 20 percent of its US entry-level roles.

'A person's educational credentials are not the only indicators of success, so we advanced our approach to hiring to focus on ski1ls, experiences and potential,' CEO of Accenture North America, Jimmy Etheredge, told the outlet.

In October, Walmart eliminated college degrees as a requirement for hundreds of its corporate roles, saying it would get rid of 'unnecessary barriers' that prevent career advancement.

It said job applicants would start seeing updated job descriptions next year.

In particular, it said it will waive the need for a university degree if candidates can show they have gained the necessary ski1ls through alternative prior experience.

'While degrees should be part of the equation and in some cases even required, there are many roles where a degree is simply unnecessary, including at corporate headquarters,' a blog post from the retailer read.

But while some companies appear to be spearheading the movement, those that haven't made changes thus far appear less likely to do so in the future.

Among the companies that didn't eliminate bachelor's degree requirements in 2023, only 9 percent said they anticipate doing so next year.

As part of the survey, employers were also asked what types of positions they were most likely to eliminate degree requirements for.

Among the 55 percent who eliminated bachelor's degree requirements, 70 percent did so for entry-level roles, 61 percent for mid-level roles and 45 percent for senior roles.

And of the 95 percent of employers who have bachelor's degree requirements, 24 percent require these degrees for three-quarters of their jobs and 27 percent say they require a degree for about half of their positions.

A report published by the Burning Gla$s institute last year described the growing trend of cutting degrees as a requirement as 'an essential step in reducing inequity in the American labor market.'

↪🔗
All lies. Go on their sites and see that all the job require degrees
+1   

 3 months ago '22        #25
TheWolf 
Props total: 3158 3 K  Slaps total: 2020 2 K
 ThesOne said 🔗



Nearly half of US companies intend to eliminate Bachelor's degree requirements for some job positions next year, a new survey has revealed.

And 55 percent said they'd already eliminated degree requirements this year, according to an Intelligent.com survey of 800 US employers, carried out in November.

It comes after Walmart, IBM, Accenture, Bank of America and Google announced similar plans.

The survey found that the same employers that have already eliminated Bachelor's degree requirements were far more likely to continue doing so.

Some 80 percent of those people joined the company without a four-year-degree.

Earlier this year, the company expanded the program with the goal of filling 20 percent of its US entry-level roles.

'A person's educational credentials are not the only indicators of success, so we advanced our approach to hiring to focus on ski1ls, experiences and potential,' CEO of Accenture North America, Jimmy Etheredge, told the outlet.

In October, Walmart eliminated college degrees as a requirement for hundreds of its corporate roles, saying it would get rid of 'unnecessary barriers' that prevent career advancement.

It said job applicants would start seeing updated job descriptions next year.

In particular, it said it will waive the need for a university degree if candidates can show they have gained the necessary ski1ls through alternative prior experience.

'While degrees should be part of the equation and in some cases even required, there are many roles where a degree is simply unnecessary, including at corporate headquarters,' a blog post from the retailer read.

But while some companies appear to be spearheading the movement, those that haven't made changes thus far appear less likely to do so in the future.

Among the companies that didn't eliminate bachelor's degree requirements in 2023, only 9 percent said they anticipate doing so next year.

As part of the survey, employers were also asked what types of positions they were most likely to eliminate degree requirements for.

Among the 55 percent who eliminated bachelor's degree requirements, 70 percent did so for entry-level roles, 61 percent for mid-level roles and 45 percent for senior roles.

And of the 95 percent of employers who have bachelor's degree requirements, 24 percent require these degrees for three-quarters of their jobs and 27 percent say they require a degree for about half of their positions.

A report published by the Burning Gla$s institute last year described the growing trend of cutting degrees as a requirement as 'an essential step in reducing inequity in the American labor market.'

↪🔗
All lies. Go on their sites and see that all the job require degrees

Degrees was basically used as a background check basically. Felons and criminals didn’t go to college

Not that everybody is going and background checks are required , can eliminate degrees and go off the background check
+7   

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