The Pell Institute for the Study of Opportunity in Higher Education, the research arm of the Council for Opportunity in Education (COE), received a $250,000 grant from Lumina Foundation to launch a groundbreaking study on how Black, Latinx, and Indigenous learners perceive the value of postsecondary credentials. Conducted in collaboration with the University of California, Berkeley, this research deepens national understanding of how these learners view associate, bachelor’s, and master’s degrees—as well as other post–high school credentials—in today’s evolving education and workforce landscape. This initiative seeks to uncover the factors that shape credential perceptions within historically underrepresented communities and to identify the barriers and motivators that influence enrollment and completion decisions. By examining these perspectives, the Pell Institute aims to inform institutional practices and policy strategies that improve access, equity, and success in higher education for all learners.