[throwaway32120]

Very much this. Removing the monopoly universities have on the (fairly questionable) credentials used for employment would go along way toward solving many of these issues. Most of the discussion about the problem with universities seem to dance around the core problem.

[mywittyname]

I doubt it's a coincidence that programs which require a third-party qualification exam tend to be more rigorous. E.g., engineering, nursing, medicine, law, etc.