Couple things - first, it’s not the degrees, it’s the person. Some folks, decades of college - any level - just won’t help. Some folks, no benefit because they have much smarts.
My first two years of college were free (as in, paid for by taxes, and, being a homeowner, I certainly paid taxes). Then, as many other things, Reagan and the conservatives fucked it up for everybody. Even Morgan Freeman attended Los Angeles City College. It was a very good school for a long time. As I mentioned not too long ago, I have 17 Associate degrees (they were, quite literally, on sale). I have three bachelor’s degrees, and about half to three-quarters of a Master’s. (Immaculate Heart College had combined undregrad/grad courses like Freudian Theory and Introduction to Psychological Testing, so I had grad school creds).
What did I find out? It is not degrees - it is licenses! Any field where a license is required - auto mechanics to neurosurgeons - it is obtaining and maintaining a license that is important. Quality of work is almost never checked; which is why boneheads thrive.
Add experience to a degree and you’ve got something. Were I healthy at all, I could (and would!) be employed within days. Just about anywhere. (If it’s not therapy it’s nursing, if not nursing its office work, and worst come to worst I can still cook - on the line or in the kitchen, don’t matter).
“A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects.”
― Robert A. Heinlein
By the time I was 25-26, I could read that and say “Yeah, I can do that.”
(Later, things changed. )