Almost all companies say degree or equivalent experience on job postings! All a degree tells them is your good at learning, being that most college classes have almost nothing in them of direct value to the company. The truth is if your a good self learner out of high school, four years of related job experience probable has more value then a degree. Also people without degrees are cheaper which is a big factor.
_
_
_
You nailed it, @qexl+17ymDUhl. However, it seems to me that the biggest factor is that people without diplomas are cheaper.