The recent movement to launch three-year bachelor’s degree programs has emerged in response to longstanding postsecondary concerns about college affordability, time to degree, and curricular efficiency. The 120-credit threshold has long been the standard for baccalaureate degrees, which are traditionally structured for completion in four years of full-time study. But some institutions, accreditors, and states are now considering whether degrees that require fewer credits, and therefore less time, might be more effective. The trend has grown rapidly alongside the movement toward an expanded range of credential pathways for learners, such as micro-credentials, workforce Pell Grant programs, and apprenticeship degrees. The movement also coincides with a decline in college enrollment over the past five years, likely due in part to growing concerns about affordability and students having to cover a greater share of the cost of postsecondary education.
In just the past few years, accreditors, private and public universities, and nonprofit organizations have begun to explore ways to increase the options available to potential learners.