I'm curious: "standards going down" and "degrees are nothing more than attendance slips" What do you think a degree should be? I think because of selection

I'm curious: "standards going down" and "degrees are nothing more than attendance slips" What do you think a degree should be? I think because of selection effects, it's always been hard to figure out if universities actually do anything. Did the ivies educate people the best? Or did they just have the most rigorous admissions process to let the best people in. With an increase in the number of white collar workers, we've inherently had to lower the standards.