Stock photo/Getty Images
<p>A<a href="https://www.intelligent.com/nearly-half-of-companies-plan-to-eliminate-bachelors-degree-requirements-in-2024/" target="_blank" rel="noopener"> new study</a> indicates a new trend in the U.S. job market where companies are shifting away from the tradition of requiring applicants to have bachelor&#8217;s degrees to be considered for certain positions.</p>
<p>Notably, Walmart, IBM, Accenture, Bank of America, and Google have already declared that they will minimize the number of jobs requiring a college degree, per <a href="https://www.dailywire.com/news/companies-eliminating-college-degree-requirement-amid-soaring-tuition-costs#" target="_blank" rel="noopener">The Daily Wire</a>. Major companies are reportedly now looking to follow suit by next year.</p>
<h3 style="text-align: center;">Living Costs Are Too High To Also Pay For Tuition</h3>
<p>A report from <a href="https://www.intelligent.com/nearly-half-of-companies-plan-to-eliminate-bachelors-degree-requirements-in-2024/" target="_blank" rel="noopener">Intelligent</a>, published on November 29, states that living costs have skyrocketed in recent years. Additionally, paying college tuition has caused many people to steer away from the idea of getting themselves a bachelor&#8217;s degree.</p>
<p>The company conducted a survey that included 800 U.S. employers. The results revealed that almost half (45%) of those companies planned to eliminate the requirement of having a bachelor&#8217;s degree by next year.</p>
<p>The survey further stated that 70% of companies have already eliminated the requirement from their application process to make their workforce more diverse. Meanwhile, 55% of companies said they stopped adding the degree as a requirement in 2023, with 4 in 5 employers valuing experience over education.</p>
<h3 style="text-align: center;">Walmart Is Already Stepping Away From The Requirement Of A Bachelor&#8217;s Degree</h3>
<p>Walmart had previously said they would no longer require college degrees for hundreds of their corporate positions to remove &#8220;unnecessary barriers&#8221; that prevent career progress.</p>
<p>In a statement made on its official website, per <a href="https://www.cnbc.com/2023/11/01/walmart-sends-a-new-degree-free-message-about-getting-a-corporate-job.html#:~:text=“We%27re%20rewriting%20job%20descriptions,leadership%2C%20and%20Julie%20Gehrki%2C%20vice" target="_blank" rel="noopener">CNBC</a>, the company shared, &#8220;We’re rewriting job descriptions for our campus (headquarters) jobs to factor in the skills people possess, alongside any degrees they hold.&#8221;</p>
<p>The retail giant has also said that they will waive the bachelor&#8217;s degree prerequisite if the person applying can demonstrate that they have obtained the appropriate skills in other ways that don&#8217;t require going to school.</p>
<blockquote><p>&#8220;This creates an either/or option for an applicant: to be considered for the job, you can have a related college degree or possess the skills needed for the job, whether through previous experience or other forms of learning,&#8221; Walmart&#8217;s statement continued, per <a href="https://www.beckershospitalreview.com/workforce/walmart-to-drop-college-degree-requirements-for-hundreds-of-corporate-jobs?utm_campaign=bhr&;utm_source=website&;utm_content=related" target="_blank" rel="noopener">Becker&#8217;s Hospital Review</a>.</p></blockquote>
<h3 style="text-align: center;">The Shift Is Already In Effect</h3>
<p>In May, Virginia joined the ranks of 12 other states that had previously removed the need for a bachelor&#8217;s degree to gain access to government jobs.</p>
<p>&#8220;This landmark change in hiring practices for our state workforce will improve hiring processes, expand possibilities and career paths for job seekers and enhance our ability to deliver quality services,&#8221; Governor Glenn Youngkin shared in a statement, per <a href="https://thehill.com/homenews/education/4028557-virginia-to-end-college-degree-requirements-for-most-state-jobs/" target="_blank" rel="noopener">The Hill</a>.</p>
<p>According to <a href="https://www.bestcolleges.com/news/these-states-dont-require-degree-for-a-government-job/" target="_blank" rel="noopener">Best Colleges</a>, the other states that have adapted to the change include Maryland, North Carolina, Utah, Colorado, Pennsylvania, Alaska, and more.</p>
<h5 style="text-align: center;"><strong>RELATED: <a href="https://dev.theshaderoom.com/ludacris-receives-honorary-bachelors-degree-from-georgia-state-university/" target="_blank" rel="noopener">Ludacris Receives Honorary Bachelor’s Degree From Georgia State University</a></strong></h5>
 <div class="wpra-reactions-wrap wpra-plugin-container" style="justify-content: center;;"> <div class="wpra-reactions-container" data-ver="1.3.10" data-post_id="154011" data-show_count="true" data-enable_share="onclick" data-behavior="regular" data-animation="true" data-share_url="https://dev.theshaderoom.com/companies-bachelor-degree-jobs-requirement-survey/" data-secure="48a9db8d67"> <div class="wpra-call-to-action" style="color: #000000;font-size: 25px;font-weight: 600;">What Do You Think Roomies?</div> <div class="wpra-reactions wpra-static-emojis size-medium" style="border-color: #ffffff;border-width: 0px;border-radius: 50px;border-style: solid;background: #ffffff;">					<div class="emoji-8 wpra-reaction wpra-pad-fix" data-count="" data-emoji_id="8"> <div class="wpra-plus-one">+1</div>	 <div style="background-color: #ff0015" class="wpra-arrow-badge arrow-bottom-left hide-count"> <span style="border-top-color: #ff0015" class="tail"></span> <span style="color: #ffffff" class="count-num">0</span> </div>	</div><div class="emoji-10 wpra-reaction wpra-pad-fix" data-count="" data-emoji_id="10"> <div class="wpra-plus-one">+1</div>	 <div style="background-color: #ff0015" class="wpra-arrow-badge arrow-bottom-left hide-count"> <span style="border-top-color: #ff0015" class="tail"></span> <span style="color: #ffffff" class="count-num">0</span> </div>	</div><div class="emoji-4 wpra-reaction" data-count="" data-emoji_id="4"> <div class="wpra-plus-one">+1</div>	 <div style="background-color: #ff0015" class="wpra-arrow-badge arrow-bottom-left hide-count"> <span style="border-top-color: #ff0015" class="tail"></span> <span style="color: #ffffff" class="count-num">0</span> </div>	</div><div class="emoji-5 wpra-reaction" data-count="" data-emoji_id="5"> <div class="wpra-plus-one">+1</div>	 <div style="background-color: #ff0015" class="wpra-arrow-badge arrow-bottom-left hide-count"> <span style="border-top-color: #ff0015" class="tail"></span> <span style="color: #ffffff" class="count-num">0</span> </div>	</div><div class="emoji-2 wpra-reaction" data-count="" data-emoji_id="2"> <div class="wpra-plus-one">+1</div>	 <div style="background-color: #ff0015" class="wpra-arrow-badge arrow-bottom-left hide-count"> <span style="border-top-color: #ff0015" class="tail"></span> <span style="color: #ffffff" class="count-num">0</span> </div>	</div><div class="emoji-7 wpra-reaction" data-count="" data-emoji_id="7"> <div class="wpra-plus-one">+1</div>	 <div style="background-color: #ff0015" class="wpra-arrow-badge arrow-bottom-left hide-count"> <span style="border-top-color: #ff0015" class="tail"></span> <span style="color: #ffffff" class="count-num">0</span> </div>	</div><div class="emoji-12 wpra-reaction" data-count="" data-emoji_id="12"> <div class="wpra-plus-one">+1</div>	 <div style="background-color: #ff0015" class="wpra-arrow-badge arrow-bottom-left hide-count"> <span style="border-top-color: #ff0015" class="tail"></span> <span style="color: #ffffff" class="count-num">0</span> </div>	</div> </div> <div class="wpra-share-wrap wpra-share-buttons-bordered" style="">				 </div> <!-- end of share buttons -->			 </div> <!-- end of reactions container --> </div> <!-- end of reactions wrap -->		
