He did not actually say that - but it is the implication of his comment.
Programming skill is a diffcult thing to quantify. I personally don't think school is a good way of deciding who will be great at programming. I hired people who have had less experience who were way better programmer than my most experience guys. Personally I never had the problem of a hiring crunch because I have been willing to work with programmers with less experience on paper who turned out to just motivate themselves into success.