When hiring developers, I am seldom interested in the candidate's degree or even their experience but rather how they think and problem solve. Are they contemplative, willing to delve into the problem, willing to ask questions which might imply they don't fully understand the problem, do they ask for a moment to think about it...

I have noticed universities have done a really good job to convince graduates there is a correct and immediate answer, pattern, procedure, process, etc to any problem. In essence, they have stifled thinking.