I’m a businessman with no formal business education. I barely made it through high school. I hire the people I need to do the things I don’t have the skills or time to do.
Just like all groups of people there are good and bad within the group. One contractor I hire has a mechanical engineering and a computer science degree. He has a great work ethic and goes above and beyond to make sure my production levels and quality remain exceptional.
On the other hand I have to deal with some people with a degree that are absolutely useless in their jobs. I’ve phoned their boss and told them never to send that person again. These types seem to hide their incompetence behind the fact that they spent 4 years in university. I guess for them a university degree helps them because they have that piece of paper to get their foot in the door.