U.S. Companies Drop College Degree Requirements

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(FeaturedNews.com) – Many American companies are eliminating the requirement for a college degree for applicants who want a corporate role. IBM, Walmart, Accenture, Google, and Bank of America have all announced their plan to move away from offering too many positions with a college degree requirement. This is part of a growing trend in the job market where less emphasis is being placed on the four-year degree.

Author of the book Paper Belt on Fire and venture capitalist Michael Gibson is an advocate for jobs looking at alternative qualifications rather than college degrees especially when considering that student debt in the U.S. has reached $1.6 trillion. As he pointed out, the debt has led to many people having a hard time following their dreams which is why there is a political move to have the debt canceled. He added that the part that is “most aggravating” is that while attention is being placed on the effects on poor students no one is turning their attention to universities for not providing substantial teaching material and career guidance.

Gibson also pointed out that there is an increasing number of people who are looking to start their career without getting a degree.

Walmart has announced that candidates who have exhibited their skill level through prior work experience would have the college requirement waived. It further noted that they would remove these “unnecessary barriers” from many corporate positions in order to enable people to advance in their careers.

The government is following a similar pathway having removed the college degree requirement for a number of jobs, with Virginia becoming the thirteenth state to get rid of such requirements.

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