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I have a general impression that college admissions matter a great deal for degrees in parents basement studies, but that outside of a small number of top schools, not so much for job tracks.
How accurate is this impression? Obv it depends a bit on where you draw the job track/parents basement studies line. But in the broader picture, is it more or less accurate?
Credentials seem to matter most when the output of workers is not legible to their bosses.
I feel like this is one of those things that will vary a great deal by position and industry. My impression is that in industries with hard outputs the importance of degrees has declined precipitously in the last decade or so.
It does vary a lot but I think the heuristic generally works.
There are two reasons why I think it works:
No one cares about degrees in sales jobs, because sales is often one of the easiest things for bosses to track.
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