> I don't understand the reasoning here...?

Those who refuse to work or have a student debt just love to attack money as a virtue signal (even if they don't realize this).
Because those who don't have money will get it from the state, which on its turn steals from those who work their asses off.
The irony is that as soon as those same people get a well paying job, then all of the sudden they no longer consider money to be evil, and even start complaining about taxation.

Now if you're pensioned or otherwise physically disabled, then that's a different story, I can understand you rely on state handouts in that case perfectly fine.
But not if you're 40 years old in good physical shape, writing "SMASH CAPITALISM!!" on the MacBook Pro all day long in your parents' house while drinking a Starbucks Matcha Late and wearing the latest Gucci accessoiries.

> Isn't it the opposite?

nope.

> Most business will reject or won't even do an interview without the degrees.

I don't have any degrees, yet I've been able to get jobs without any problems.
All you have to show is a decent portfolio and preferrably Git repository, and talk smoothly.

There was a time when degrees were absolutely necessary, but we're speaking of the mid-1990s ~ mid 2000s when universities were made for everyone instead of only the richest and smartest.
But nowadays, unless you want to become a (male) nurse, a plastic surgeon, or something similar to that, you most likely don't need a degree.