Latest news with #Sixtyby30
Yahoo
28-05-2025
- Business
- Yahoo
1 in 4 employers say they'll eliminate degree requirements by year's end
This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. A quarter of employers surveyed said they will remove bachelor's degree requirements for some roles by the end of 2025, according to a May 20 report from Resume Templates. In addition, 7 in 10 hiring managers said their company looks at relevant experience over a bachelor's degree while making hiring decisions. 'Over the last five years, we've seen large organizations drop degree requirements in favor of certifications or experience, and now others are following suit,' said Julia Toothacre, chief career strategist for Resume Templates. 'For employers, it expands the talent pool and generates positive PR. For candidates, it opens doors for those who can't afford a degree or choose a different path. These jobs have the potential to lift people out of poverty.' In the survey of 1,000 hiring managers, 84% of companies that recently removed degree requirements said it has been a successful move. Companies without degree requirements also reported a surge in applications, a more diverse applicant pool and the ability to offer lower salaries. Among employers that eliminated degree requirements, two-thirds did so for entry-level roles, 54% for mid-level roles and 23% for senior-level roles. About half of hiring managers said 'a lot' of their roles still require a bachelor's degree, while 1% said none do. Forty-two percent of hiring managers said Generation Z should prioritize gaining job experience over a degree. Hiring managers also said practical skills related to artificial intelligence tools and soft skills, such as strong interpersonal and communication skills, are important. Many Gen Z job seekers say AI has made their college degrees irrelevant, according to an Indeed report. The ongoing push to eliminate college degree requirements has led half of Gen Z workers to view their degrees as a waste of time and money, the report found. To expand access to jobs and reduce reliance on degrees, California has announced a plan to launch 'career passports' to encourage job access. Gov. Gavin Newsom said the tool will combine academic records and experience from work, military service and training programs for hiring. Michigan has also announced an initiative to expand access to college and skills training for men. The directive will focus on closing gender gaps in education and supporting Gov. Gretchen Whitmer's Sixty by 30 goal of increasing the percentage of Michiganders with a degree or certificate to 60% by 2030.
Yahoo
14-02-2025
- Business
- Yahoo
MiLEAP announces grants to support student success
LANSING, Mich. (WOOD) — The Michigan Department of Lifelong Education, Advancement, and Potential is accepting applications from colleges and universities for the next round of grants aimed at removing barriers to getting an education and improving graduation rates. They are part of a $45 million Student Success initiative, which MiLEAP said in a Friday release is 'the state's largest-ever grant program aimed at increasing student success rates' in higher education. The initiative will help the state achieve its Sixty by 30 goal of 60% of adults with a skill certificate or degree by 2030. 'To achieve Sixty by 30, we are focused on access and student success,' MiLEAP Deputy Director of Higher Education Michelle Richard said in a statement. 'The Student Success Grants encourage colleges to take a deep look at what's working and where they can improve. These grants equip institutions with the necessary funding to expand support services, offer direct assistance and develop innovative approaches to increase student success.' The Student Success Competitive Grant Opportunities guide lays out the different categories of grants that will be available in 2025: barrier removal for students, barrier removal for growing a college's capacity and college success. Applications are due between April and June, depending on what type of grant is being sought. MiLEAP will host online office hours to assist grant applicants every Tuesday from noon to 1 p.m. starting Feb. 18. Office hours to assist grant recipients will be every Thursday starting on Feb. 20 from noon to 1 p.m. Click here to learn more about the Sixty by 30 grants. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
