I work and have worked with a right mixed bag, some graduates some who left school at 16, ex sportspeople, ex forces some who come from very rich backgrounds and some who come from council estates like I do. I have to say the most entitled, arrogant and self obsessed people were always the ones who came with a shit degree. The statement along the lines of “I have the potential to earn more as I have a degree” was common place for years.
my last company did a graduate training program to supposedly hire the best top talent straight out of university. They all came in a decent wages, got to travel to various locations in EMEA like Barcelona, Krakov, Casablanca, Paris and Milan as part of the training all expenses paid. Pretty much all of them left within two years as it wasn’t what they’d expected, not earning what they were worth etc