True, but the 'credentialing' is becoming less and less valuable, ie. more credentialing is needed. I've had industry people looking to hire from our department

True, but the 'credentialing' is becoming less and less valuable, ie. more credentialing is needed. I've had industry people looking to hire from our department (BioEng) come to our classrooms and tell us that a MSBE is a entry level requirement both in terms of pay and hierarchy. Not just one, but a few of them have one this. It is not enough to just have a BS/BA in a STEMy field, you need the MS as well. I think it's fair to conclude that the credentialing is then worth less at the undergrad level.