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Report: Nondegree credentials improve economic mobility

Respondents with nondegree credentials said they are more likely to recommend them to others, and a majority (60%) said they believe the educational experience will bring employers value, compared with 44% of noncredential holders who said the same.

Strada and Lumina have both been strong advocates of expanding the credential marketplace, in some cases by studying the practice of letting students embed industry credentials in their degree programs.

At the end of last year, there were roughly 650,000 unique traditional degrees, certificates and other programs available in the U.S. In a survey of 190 two- and four-year, public and private colleges, 94% of institutions said they offer alternative credentials.

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