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Why such heavy requirements for a college degree?

I am curious as to general opinion why most companies select position candidates based on a college degree as compared to years of practical experience? From a financial aspect, an experienced individual may command a higher entry salary, however, the practical experience should offset the cost by reducing the time of the learning curve as well as provide a source for historical information attained at other organizations. This situation happens quite often in the business and manufacturing worlds. For example, I have worked with a major automotive manufacturer for over ten years. This manufacturer will not hire anyone (low level to upper management) without a degree, period. However, they currently have people in positions that significantly affect the financial success of the company, simply because they have a degree. There are individuals that have degrees in Physical Education, Literature and Psychology performing duties in areas of quality and engineering. How does this make business sense? The degree got them in the door, however, their practical experience acquired has allowed them to skate by to this point. Does this not support the argument of practical experience over classroom experience? After all, anyone currently functioning in a given industry would conceivably be up-to-date with current technology in any regard. Some Thoughts Please.................

Asked By: BigDog7458 - 4/28/2010
Best Answer - Chosen by Asker
Degrees indicate two things - first, the person can learn (you don't get a degree without learning something) and thus can be taught; and second, the degree exposes the person to a wide range of knowledge, not just the practical knowledge learned during the job. This wide range of education can help the job hunter/... More
Answered By: Steve D - 4/28/2010
Additional Answers (2)
I agree with first answer... More
Answered By: ... - 4/28/2010
 
I don't think it has anything to do with experience or one's ability to learn because they went to college. I think the reason is that companies are trying to change their environment. College graduates know how to follow directions, don't complain, and will do what they gotta do.College graduates are a lot like robots... More
Answered By: Barricade - 4/28/2010
 
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