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Seems like a somewhat traditional suggestion with a potentially massive financial and time commitment. Not that it's not something to do, but why do you think that's the move right now, especially since they're clearly established in their career and nobody cares about it after a few years?
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Not the GP, but I think the reason is, that right now it's super hard to get a new job, because of so many things, but mostly, because of AI craze and tanking economies. Bridging that time with a degree is not the worst idea, if you can afford it.
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When someone has already demonstrated they can do the work, what additional value do you think them getting a degree will bring to a company?
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Sometimes the degree is needed in order for the company to be allowed to pay him over a specific amount/scale.
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Any company that does this doesn’t seem worth working for
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This happened to me once about a handful of years ago, and it happened because in spite of actually getting the job on technical merit, they were a funded NGO who's benefactors demanded at least an undergrad to work in the company. True story, it happens.
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