From climate change to the digitalization of healthcare, there is no shortage of significant challenges staring back at the next generation of workers. Opportunities abound for those intent on making a difference in the rapidly evolving global job market. Knowledge workers who wish to excel in business today must bring their expertise and necessary skills to the workplace. Many employment opportunities geared at knowledge workers at today’s most sought-after companies require at least a bachelor’s degree beyond entry-level positions.

In the last two years, thousands of students left the degree track when offered significant incomes by employers with no degree requirements. Companies like General Motors, Google, Bank of America, IBM and Tesla have been removing college degree requirements from job descriptions that traditionally required them. However, alongside the personal benefits a professional can gain from earning their degree, there are multiple reasons why business leaders should consider getting behind and supporting employees intent on completing their college studies.