Agreed. This, IMHO, is a result of every job now wanting some sort of degree which, again IMHO, has devalued the whole Higher Education somewhat. There's no accounting for those that are happy to start in the mail room & work their way up the system. Now, you need some sort of higher qualification to enter a mail room...nuts!
The way I see it is that those with a higher education should enter a company at one level, but those without can enter the same company at a lower level & work their way up. This, in no way, is meant to be disparaging of those without Degrees, far from it, it's all about relevant opportunity.
Oh, I could go on but I won't...[/soapbox]