The Rise and Rise of the Cognitive Elite
hessian writes "As technology advances, the rewards to cleverness increase. Computers have hugely increased the availability of information, raising the demand for those sharp enough to make sense of it. In 1991 the average wage for a male American worker with a bachelor's degree was 2.5 times that of a high-school drop-out; now the ratio is 3. Cognitive skills are at a premium, and they are unevenly distributed."
I don't have the time to find out
Not having a college degree makes you much less impressive when I have a stack of 200 people who do.
Basically, you are unwilling to do the hard work required to build an effective team. Instead, you take the easy path and assume that an institutional designation of qualified is the same as the correct qualifications for your company. You are part of the problem.
Every mans' island needs an ocean; choose your ocean carefully.