That's true, partly because credentials are a passport to employment, even though most business people recognize that schooling has little relationship to performance.
School-to-Work is intended to close the loop. No job without a diploma. Tracking from an early age. Universal chooling from birth through college. If you don't believe it, read this formerly private letter from Marc Tucker, President of the National Center on Education and the Economy, to Hilary Clinton, outlining the plan.