BTW, as for “discounting their degrees”, I find that many people don’t understand how much higher ed is a business. You can argue that (filthy rich) Princeton and (principled) Caltech don’t. Virtually everyone else has degree programs that are cash cows (that includes virtually every EMBA program) or isn’t very tough to enter because it’s seen as serving the community (all it takes to enter a HES degree program is to get a few B’s in a few classes).