Excerpt from forbes.com

Across many sectors, large employers from Accenture, to IBM, to the US government have recently relaxed or even entirely removed requirements for new hires to hold degrees.

Is this the beginning of a trend that will eventually see traditional university and college degree courses fade from relevance? Or is it simply a short-term reaction to seismic changes brought about by highly disruptive factors such as the global pandemic or the ongoing skills crisis?

According to a recent study carried out by online learning specialists Coursera, less than half of UK graduates use the skills they learned in their degree once they enter the world of work.

In a recent conversation I had with Coursera CEO Jeff Maggioncalda, he told me that the issues facing higher education vary dramatically by region. For example, in the US and much of the western world, populations are aging, and traditional methods of funding education – such as government-backed student loans – are being put under pressure by economic slowdown and other factors.

 

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