Comment by TimPC

Degrees are often used as proxies for an IQ test. To get into school X you must be at least Y smart. As long as we ban IQ tests for employment employers are going to keep using this as the best practical proxy. It’s going to have these kinds of bad effects where people need to get $115k degrees to get a $50k job since some people will do so despite the nonsensical ROI. We need to remove the law banning IQ tests in job interviews and let employers test for the kinds of things they currently proxy by university degree.