For a more equitable recovery, corporations must stop using a college degree as a proxy for ability

Media February 9, 2021

“Monica Packnett, a young Black woman from Chicago, is one of the individuals who helped redefine what talent looks like and where it comes from at Bank of America. Having to leave college during her second year due to tuition costs, Packnett enrolled in Year Up Chicago and during her program internship was assigned to the Bank of America Private Bank. She then relocated to Dallas and was offered a full-time position at the bank in 2017 as a Private Bank portfolio management assistant. Currently a portfolio manager associate based in Atlanta, Packnett shared: ‘I’ve gained a much deeper experience than if college and work opportunities were simply handed to me. I had to create my own picture of success.’”

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