What does a "degree" mean nowadays? Nothing.
That is why we do multiple tough, searching interviews of job applicants. We want to know what they know, what they can do, and we want to know whether we would enjoy and be stimulated by their company around ye olde shoppe.
If you can't discuss Plato, Michelangelo, de Toqueville, and Statistics, and display some witty sense of humor and perfect manners, we lose interest fast unless it's a drudgery job.