Aside from MBAs (and even of those, the more prestigious among them) after undergraduate $some_profession, when has 'a business degree' ever led to much significantly better than 'a retail management job' on average?
The only problem if there is one IMO is that everyone is so encouraged/socially pressured into university, that even in the absence of any intellectual curiosity or merit in a particular field they must go. So of course certain programmes or universities get saddled with poor 'retail management' (or worse!) metrics.
There is a stigma against not pursuing undergraduate study (ever increasingly far down the socio-economic ladder) and also against having working to lower-middle class jobs with a degree! We can't have it both ways! If so many people should be post-nominally lettered, then naturally so many jobs should be staffed by graduates.