If you have a bonafide degree, you needn't work for Owen Buckland and the like if you don't want to. You're absolutely right, but rightly or wrongly those without bachelor's degrees have limited choices, and some may end up working for Owen's agency. I believe Buckland is a mean outfit compared to other agents here. Still, you makes your choice and takes your chance! Gainful employment in China beats loafing around on the dole in the west.