Postsecondary education is at a crossroads.
Most Americans still believe in the idea of education as a path to opportunity, but new research from the Lumina Foundation and Gallup indicates that faith in the system is fraying. Postsecondary education is saturated with credentials, but many of those credentials don’t deliver.
Learners are doing the math: If a credential is too expensive, takes too long to earn, or doesn’t lead to a good job, it’s not worth it. And right now, too many credentials—whether short-term certificates or traditional degrees—are failing on all three fronts. Ultimately, these are credentials without value.
Demand for short-term, lower-cost options is surging. At the same time, research from the ECMC Foundation indicates that teenagers are bringing different expectations for what they want out of college and don’t see a four-year degree as the only path. These shifts are colliding with structural instability caused by factors such as labor market churn, the rapid rise of generative AI, declining enrollments, and growing political scrutiny of educational programs and policies. The threat to the system is existential—not just because higher education is under attack, but because it is increasingly out of sync with the people and the purpose it aims to serve.
To reclaim its promise, postsecondary education must focus on what matters most: the skills learners gain, the value credentials deliver, and the opportunities those credentials unlock.
Focusing on What Drives Economic Mobility
At Jobs for the Future (JFF), we believe credentials have value when they lead to quality jobs—which we define as jobs that not only offer competitive pay and good benefits but also provide workers with stability, opportunities for learning and career growth, and safe, supportive, and engaging work environments. And credentials of value don’t just connect learners to a single job—they power economic mobility and career advancement across lifetimes. To maximize this potential, postsecondary programs must be opportunities for learners to build packages of transferable skills sought by employers.