My company turns over approx £30 million pa, so not huge but not tiny either.
It is office-based and anyone who can read properly, write coherent, concise (correctly spellt) English, calculate some easy equations (less than GCSE standard) can do the entry-level jobs.
When hiring school or University leavers we look for more or less in order of preference:
1 A recommendation from a family member or friend or some other person who knows our company. No apologies to those who think using connections is somehow immoral - we live in the real world. We put some value on people who have joined us by this route because we have found that they are more committed , not wanting to let the recommender down.
2 That they have played team sport in a committed way ie regularly but to any level
3 A bright and engaging personality, with a positive attitude (very important) and lacking a sense of entitlement ie that they accept that they are starting at the bottom - more of an issue with graduates
4 Can convince us that they will take our training program seriously - some candidates declare that they have finished learning and do not show enthusiasm for training
5 Show some evidence that they have tried to find out about our business - amazing how many applicants don't bother to even visit the website
6 To be able to use a computer at a basic level - but I can't recall ever having an applicant that failed on this issue
We find that we can filter down substantially using just the criteria of personality, attitude and literacy. Some of the worst applicants in this sense have been those with degrees, usually the 'Mickey Mouse' kind.........
Admittedly the entry -level jobs do not pay a fortune (about 13K) but if someone does well they are earning £25K+ in approx 2 years
The company has 5 Directors (1 female), only the MD has a degree. Of the next level of management, none have degrees. Of the rest of the company (90 employees) about half are graduates, but that doesn't indicate anything about their career progression, some of the 'high-flyers' left school at 16.......it's all about committment, attitude and desire to do well.
MY point ? You don't need a degree to get an entry level job in my company, it doesn't disqualify you either but possession of a degree does not trump the other qualities we find important.
I can appreciate that education for its own sake is the motivation for attending University for some people and respect that choice. However if the goal is a 'good' job that pays well then I am not convinced that doing a plastic degree from a plastic Uni , producing 2.1 awards for people who cant spell or punctuate, does too much more than create crippling debt for no good reason.