I have always thought that at least part of that degree implies that you have the initiative and self-guidance to achieve things with little outside direction.

I have always thought that at least part of that degree implies that you have the initiative and self-guidance to achieve things with little outside direction. I have noted a few employers who ask for a four year degree, but not in any specific field and this certainly indicates that employers are looking for people who know how to go out and achieve things without having to be told all the details of getting it done. Students expecting constant supervision really sets them up for failure in the real world as management typically does not have the time to supervise every aspect of their reports work. Also, the high achievers know how to go out and figure out and do things on their own.