Less competition for those willing to make the effort to meet the requirements. I was one who thought a degree was pointless, until I finally buckled down and got it, while raising a family, working two jobs and heavily involved in volunteer work. I was hired at a major shortly after. Even if I could’ve gotten the job without it, I’m glad I accomplished it.

If someone is dead-set against getting a degree “on principal”, those who have one will appreciate having less competition.