It would seem so from this piece of news from the UK — the big accounting firm Ernst & Young is no longer going to insist that job applicants have college credentials. As we read in this Huff Po piece, Ernst & Young recruiters find that there is no evidence that success at university correlates with achievement in later life. E&Y’s managing partner for talent, Maggie Stilwell, says “Academic qualifications will be taken into account and indeed remain important when considering candidates as a whole, but will no longer be a barrier to getting a foot in the door.”

Apparently, Brits who learn accountancy on their own, through non-degree programs, or in a university (but who didn’t graduate) can now have a chance at working for this big firm. This openness is welcome. The degree mania is starting to fade.

Hat tip: Instapundit