Very interesting article. I'm a degreed engineer, and in my field it does make a difference, to a degree (see what I did there?!).

When I opened my own engineering/software firm going on 29 years ago, I only wanted college grads.

What I found was that here in Austria, with a much better and broader education system than in the US, the "degree inflation" issue was (is) even worse than in the US.

Far too many fresh college grads here expect to start their first job in a management position making big money. FFS I don't even know if they can understand what we do, let alone manage people who do.

Over the years I've pulled much more from the excellent technical high schools (kind of like an associate's degree in the US). These folks are more work oriented.

The US would do well to universities and trade schools free as well as providing apprenticeships. The "one size fits all 4-year-college degree mininum" plan the US has been on for decades has become so corrupted (along with many other industries in the US) that it needs to be scrapped and replaced.