I have a Master’s and my wife is a Doctor, but its my opinion that too many jobs require and too many people get four year degrees.
A good IQ test (made illegal by the Supreme Court) would suffice for 90% of “college required” jobs.
By and large a BA/BS is simply a way to narrow the field for an employer and the knowledge gained in getting the degree is not important. Mathmatical and scientific fields obviously stand out as the exception, but I think most people with a BS are not working in the field of their degree.
Well, I can tell you from personal experience that a kid with a PhD in math(From Univ. Fl.yet!) can earn a million a year.....and beat out Yale, Harvard,MIT and Chicago guys for a job at J.P.Morgan on Wall St........