What point are you trying to make? Every hiring manager should know that a CS Master's degree focuses mainly on theory and doesn't necessarily teach much coding. If you just need programmers to do simple stuff then you'll obtain better results by hiring from trade schools, or finding candidates who are self taught.
I was responding to "credentials don't mean much" with my experience. People with what some might assume is a relevant credential don't seem to be that suitable.
E: Another point - I know people who do more complicated things when programming, the thing is, they are also able to do simple things. I'd be really uncomfortable about hiring someone to do something complicated if they couldn't do something simple.
