you are correct, rab. Some positions will always require a degree. As I said in my later post, MOST people do not need one, and because they do not need one, yet most will get one, it will dilute the value of all those who don’t really need one but got one to give themselves an edge. Another poster said it best; a masters is the new bachelors.......
I would go even further than that. If you compare 50 years ago to today, the PhD is the new bachelors.
Unfortunately, this chasing of increased credentials doesn't really solve the problem. Degrees (credentials) will only open the door; if there's nothing (or the wrong something) behind the degree, then the degree holder isn't really worth much to the prospective employer, right?