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I will say it all depends on the person only and not the fact that he or she holds great degrees and that too many degrees from various colleges and universities . In the end it depedns on how much practical knowledge he / she has and how far practically he can go ? that is what id going to may you stay long term in the job world .
for example , a person may know the basics of html and but if he cannot develop a professional looking website , there is no point in taking him in a web designing project .
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