By my assumptions, there are strong indications already that we are moving past an era where employers put educational qualifications at the fore front of their requirement for employment into certain positions, some employers now hold personal qualities such as skills possessed by the individual ahead of the school they went to and the degree they graduated with. First, I would like to ask, could this be a reflection of a failing educational system? My second question is that if you happen to be the employer here, which will you consider more, school or skills?
Schools and abilities have a very close and mutually supportive relationship. Schools can provide an environment to develop abilities, while abilities developed through schools can increase a person's potential in the future. Schools are the main place to gain knowledge and develop hard skills. The school environment also provides an opportunity for someone to develop soft skills through extracurricular school activities.
In my opinion, to answer the first and second questions, "education is more recognized than ability" is not entirely true and depends on the context. Formal/school educators who have degrees are often considered easier in the process of getting job opportunities, especially in the industrial and formal fields. However, there are some fields or jobs where abilities or skills can be highly valued and even more important than education/degrees. For example, a civil engineering graduate, he may be more easily recognized in positions that require expertise such as his degree compared to someone who does not have such abilities. However, in the field of skills, it may be more appreciated than a bachelor's degree.
Both have their own advantages and disadvantages.