In Sales, I'd think that only the top 10% should get bachelors, maybe the next 20% associates. The rest could probably function without any college degree.
How much have you used of what you learned in college? Salaries should be based on productivity, not academic credentials. If colleges are worth a damn, people with higher degrees should excel

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I'm a college dropout. I have 3 years in Electrical Engineering school. Not having a bachelors meant that my salary level was held down for many years - even though I was given the workload of an degreed Engineer. I was listed on a government (Navy) contract as an electrical engineer, but sure wasn't paid as one.
The reason I didn't steer my 2 son's away from college is that they've both been straight 'A" students. The older one graduated Valedictorian in both grammar school and high school. The younger one went to a high school that specialized in engineering, science & Math. He's now in 2 colleges (and costing me 2 tuitions). He's in flight school & majoring in Computer Engineering. My sons fall well within the 10% highest academic achievers. If they didn't look so much like me, I'd wonder if they were really mine.
I really think that we're out of balance as a society. We need more labor & skilled labor who should get paid more, and less white collar bureaucrats and mouse pushers - and far less executive clowns!