[zo1]

Sure - as soon as we allow IQ and other such metrics to be valid for job-applications (I would love to just sort-by-IQ when filtering job and team applications). There most certainly is an over-abundance of individuals willing to work for the available spots, and we're artificially handicapping the methods by which the pool can be pruned. That's why we have leet-code type quizzes in tech, they're essentially proxies for memorization, IQ and determination. Consequently, degrees are a secondary proxy for the above 3 criteria, so no wonder employers have been relying on it.