I have several friends that have decades of experience in Full Life-Cycle development of IT systems....but no College Degree....and they are now being turned down for jobs because they don't have a BS degree in something.

I happen to have a degree earned in the early 1970's....I learned Assembler, COBOL and Fortran...on 80 column cards and card readers. How does that help me today? It doesn't one bit....so basically my degree is worthless too. The history, science doesn't help at all and since I was originally a programmer, the English didn't help because all I had to know was a dozen words or so...If, Then, Else...etc.

So, companies are overlooking qualified people for a piece of paper....and when they can't find an exact match out of millions of unemployed people out there, these companies will claim there are no American Workers and they need H1B Visa people.