Typically CS degree means that you can finish something regardless if it makes sense or not. That skill is in demand in large corporations that require people to follow stupid processes and complete tasks that don't reflect on what are the actual needs. Of course there are good CS degrees, but these are not as common as one thinks. The purpose of universities was to gather knowledge and pass it on where it was not possible otherwise to do so. These days people have open access to all kind of knowledge and universities are not as much important as they were. If company lists CS degree as a job requirement, that for me is a good indication of a place I don't want to work in.