What percent of employers require a college degree?

The Burning Glass Institute recently reported that the percentage of jobs requiring a college degree fell from 51% in 2017 to 44% percent in 2021. And according to Gallup, the percentage of U.S. adults ages 18 to 29 who view college education as “very important” dropped from 74% to 41% in just six years.

What percent of companies require a college degree?

The share of jobs that require a college degree fell to 44 percent last year, down from 51 percent in 2017, according to research from the Burning Glass Institute.

What percent of jobs don't require a college degree?

By analyzing over 51 million job postings dating back to 2014, the researchers found that between 2017 and 2019 roughly 46 percent of “middle-skill” and 37 percent of “high-skill” occupations no longer asked for a bachelor's degree, and instead had job postings listing technical and social skills instead.

What percentage of the workforce has a college degree?

A new report from the Lumina Foundation shows that the percentage of working age adults who've earned a college degree or other postsecondary credential reached 53.7% in 2021.

Are less companies requiring college degrees?

Key findings: 45% of companies plan to eliminate bachelor's degree requirements for some positions in 2024. 55% of companies eliminated bachelor's degree requirements in 2023. 70% say they eliminated bachelor's degree requirements to create a more diverse workforce.

Is College Worth It? (The Data May Surprise You)

How many jobs in America don't require a college degree?

In all, some 30 million jobs in the United States that pay an average of $55,000 per year don't require bachelor's degrees, according to the Georgetown Center on Education and the Workforce. Yet the march to bachelor's degrees continues.

Why are companies dropping degree requirements?

When strictly requiring college degrees, "you're dramatically narrowing your talent pool," Rosenblum tells Axios. "Companies have a tremendous opportunity to hire from within." She said numerous positions in IT, financial services and health care are particularly ripe for skills-based hiring.

Why do most jobs require a college degree?

The value of a college degree to employers

Exceptional young people go to college to learn skills that make them valuable to employers. Our society also views a diploma as a sign of intelligence, work ethic and responsibility.

What percent of blue collar workers have a college degree?

As of the most recent data available, about 13% of blue-collar workers in the United States have a bachelor's degree or higher. This percentage may vary by industry and region. Keep in mind that these figures are subject to change over time.

What is the average education level in America?

In 2018, nearly 9/10 (90 percent) of all adults 25 years or older reported they had completed at least high school, or obtained a GED/high school equivalency certificate. Over one in three adults (35 percent) had attained at least a bachelor's degree.

Is it harder to find a job without a college degree?

No degree? No problem. You can get a good job early in your career without college on your résumé. Research suggests a college degree isn't as much of a requirement as it once was for many jobs.

Is a college degree worth it in 2023?

A college degree boosts your earning potential. The median earnings of workers with a bachelor's degree are 63% higher than the earnings of those who only have a high school diploma. So if a high school degree gets you $1,200 a week, a bachelor's degree gets you nearly $2,000 a week.

Is degree inflation real?

Degree inflation refers to the growing number of employers requiring college degrees — even for jobs that don't require college-level skills or haven't required degrees in the past.

Do most CEOs have college degrees?

The path to becoming a Fortune 500 CEO can include more than a college degree, but make no mistake—it often includes a stop at one (or two) of the country's colleges or universities. While a bachelor's and a graduate degree are common for top CEOs, there is no single major or graduate degree that they all share.

Do employers still value a college degree?

Like, by a wide margin. According to the survey, 83% of employers agree with the statement, “recent college graduates are prepared to succeed in entry-level positions” in the company. Further, 80% of employers also agreed that graduates are prepared “to advance in the company.”

Do companies care about degrees anymore?

According to the latest September 2022 Recruiter Index results, 22% of jobs that recruiters are working on don't require a college degree. However, 78% of jobs still need a bachelor's degree.

What blue-collar jobs make 6 figures?

How many Americans have a master's degree?

From 2011 to 2021, the number of people age 25 and over whose highest degree was a master's degree rose to 24.1 million, and the number of doctoral degree holders rose to 4.7 million, a 50.2% and 54.5% increase, respectively. About 14.3% of adults had an advanced degree in 2021, up from 10.9% in 2011.

Do most high paying jobs require a college degree?

Not all high-paying jobs require a college degree; many look for skills, experience and background knowledge in place of a university education. Our list of the Highest-Paying Jobs Without A Degree features the best jobs that don't have a degree requirement and yield the highest earning potential.

How often do employers check degrees?

Do employers check degrees? Yes, they do. According to the survey, 53% of employers always check candidates' educational background.

Do employers prefer people with degrees?

According to AAC&U, 82% of business executives and 75% of hiring managers feel that a college degree is necessary for success. The Employability Report confirmed that employers still value a degree, as 62% of employers still believe a degree is essential for new hires.

How many CEOs don't have a degree?

A diploma isn't the only credential that counts. Summary. In a dataset of 2,600 CEOs, analysts were surprised to discover that 8% had no college degree.

Does Google hire no degree?

While having a degree can be helpful, Google does not require candidates to have a college degree to apply for a job.

What is the average income of US citizens without a college degree?

The average salary with no degree is $29,800. So do people with high school diplomas make more money? Absolutely! However, having a degree is not a necessity to make a living.