My friend joined in a job after his M.Sc and I completed my PhD and then joined in a job. I became chief of R & D and then CEO. At the same time, the other person retired as a laboratory in charge. We both worked in the same organisation and even though he joined before me I was given preference because of my qualification.
But if the qualification you are acquiring is not in line with your work then what the author is telling may be a correct issue. If I want to join as a software engineer, I can join after my B. Tech if I get an opportunity in a good company. But if we want to join as the software engineer after M.Tech, your qualification may not give any advantage to him.
Well, I think academic degrees are as much relevant as other important skill development programs but not certainly in every aspect. In some scenario, those with certain academic degrees are unable to earn due to unavailability of jobs but a person with a small skill development course not only earns but provides employment to others as well. What I feel is those with academic degrees but unemployed, a relevant skill development courses should be there in his or her area of the academic degree to make him or her employable without making the academic degrees irrelevant. This would help him to overcome his unemployment and earn better in life.
Even if skill development is important, academic degrees can't be made irrelevant but little changes needed to blend academics with skill development for better prospects of a candidate.
It is always better to wait and look for the career related to the education which will help in personality development as well as company's development. When we get the job for which we fit naturally our performance will be better. So look close, stay cool and get the job which you are looking for.
Lead the leader
K Mohan @ Moga
'Idhuvum Kadandhu Pogum "
Even this challenging situation would ease
Thoughts exchanged is knowledge gained.