I really never got the big deal with the four year degree thing anyway. I've got 2 undergrad degrees and a masters. I don't think it makes me a better pilot or professional. I have met some real idiots that have specialized avaition degrees. Some of them could barely get a jet in the air whithout kill someone.
I think Delta never liked the idea of flows no matter what the form they took. Now they are stuck with 2 of them and they are a little miffed about it. If they want to change the process going forward fine. Require degrees or what ever you want, its your company now. But don't penalize the people you already have on property.