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Conventional wisdom is that you have to have a four year degree to be qualified for most white collar jobs. We’ve seen this play out over the last 30 years as the number of people working in professional or managerial positions has more than doubled, but the share of people who enjoyed that job growth without a college degree is only 13%. This creates a two-fold problem. First, 62% of working age adults who are without a degree are effectively shut out of a large segment of the job market. Second, companies are losing out on an entire group of otherwise well-qualified candidates who could bring a wealth of learned experience and skills.