Originally Posted by
Mesabah
It's odd to me, because once someone has a lot of experience in the job, I no longer put weight into their college record.
Actually your whole college experience is a very good indicator of what kind of employee you may be. Someone who finished college in the normal time period with good grades is typically someone who will show up on time and do what they are asked as an employee.
Past employment history and performance is a much better indicator, but that is not always available to the employer that is hiring.