In my view, cheating extends beyond academia when you claim to have an education that you didn't receive.

It does devalue the degree, and it does impose costs on those who don't cheat, by making it harder for them to establish their own credentials.

I don't know a clear distinction between "accomplish and explain" and "write answers" for academic study.

Employers are using other methods, such as personality tests, coding interviews, work-for-free exercises, requiring "experience" for entry level jobs, and so forth.

Employers could abolish that system overnight by simply eliminating the degree requirement. They could reduce their labor costs, because a person with no college debt might be willing to start out at a lower salary and be more loyal to their initial employer.