> I know its naive but I find it really hard to understand why people value the piece of paper more than the knowledge.
It's used as a filter. On paper, you look good, so you get an interview.
When many applicants are "fake" degrees, industries get the impression that there simply isn't good talent out there. Employers don't have a reliable means of knowing the likelihood someone is a good engineer. Employers could try to filter based on Asian-sounding last names, but that would be illegal and cheating themselves out of candidates who actually did work hard in school.
It's used as a filter. On paper, you look good, so you get an interview.
When many applicants are "fake" degrees, industries get the impression that there simply isn't good talent out there. Employers don't have a reliable means of knowing the likelihood someone is a good engineer. Employers could try to filter based on Asian-sounding last names, but that would be illegal and cheating themselves out of candidates who actually did work hard in school.