Registration Changes?

I was on the CFA website and saw this as a registration requirement. Has it always been this way?

One of the following: -Undergraduate education: A bachelor’s (or equivalent) degree or be in the final year of your bachelor’s degree program (you will be required to update your education information before you can register for the Level II exam), or Work experience: -Four years of professional work experience (does not have to be investment related), or -A combination of professional work experience and education that totals at least four years (part-time positions do not qualify, and the four-year total must be accrued prior to enrollment). So you don’t need a bachelors? Would be interesting to see people in the field passing the exams and trying to get a job without one. Significantly cheaper and tbh I don’t use much that I learned in school outside of finance & accounting classes.