Why is it that almost everywhere hiring companies want 'degree holders'? Having a degree does not equate to being intelligence. A diploma holder can do the job well and can be a hard worker too?

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Well, unfortunately Singapore's system is still fairly traditional, the bias-ness of knowledge over skills is there, while the world progresses to a skills-based economy.

A forward-thinking employer would be seeking talents who have the skills the role requires, rather than using education as a filter or minimum requirement.