Dunno, that might be the closest thing to a true statement I've seen from Servant of Eru. In America, graduate degrees are rough--you have to work at poverty level while in the program plus some monstrous tuition to scrape up. You can get a decent job with a B.S., but it's likely you're going to be answering to someone who has little to no idea about what you're doing--which can be good or bad, lol.
Oh, anytime I really think about how the market works, I feel the need to shower for some reason.