“We’ve seen larger technology and software companies prioritize skills over degrees because of the speed at which the industry evolves. Often, somebody may have gone to college quite some time ago, so what you learned in college doesn’t necessarily translate to skills that the job market demands,” Nguyen said.

This has been the case for 30 years. The most basic point of hiring people with degrees were, it was used as a litmus test to see if you could commit to something that is difficult and expensive and follow through for 4 years. The second, and more important, was to help ensure you would get someone that knew how to read, write, analyze, and employ critical thinking.