This same sentiment (which I personally agree with) applies to software engineering. As in: engineers deliver more practical value than comp scientists. Now you can down-vote me to oblivion.
Yes, there are Software Engineering degrees. But I think a minority of Software Engineers have a Software Engineering degree.
What this means in practice, is that Computer Science majors need to learn the engineering skills on the job or on their own after they graduate. Although some programs help students pick up some of those skills as part of the degree program.
Certainly, most of us with unemployable majors. ;-)
Another phenomenon is employers applying the "engineer" title to any technical worker, such as designers, programmers, technicians, and so forth.
Part of it is that businesses evolve towards having caste systems. When this happens, then folks in the lower castes will try to rearrange their job titles to resemble the upper castes, or change jobs.
Obviously this is a huge generalization but I think it's a useful way to think about it. And when I say scientist, I mean "Professor of CS" not "24 year old with a BS in CS".