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Future of Credentials

Degrees of Doubt: Navigating the Fracture Between Traditional Credentials and the Competency Economy

The four-year degree, long the dominant currency of American professional advancement, is facing its most serious challenge in a generation as employers, learners, and alternative credential providers rewrite the rules of hiring and career development. Understanding who wins and who loses in this transition—and what institutions must do to remain relevant—has become one of the most consequential questions in American education and workforce policy.

Jul 11, 2026