You must have an incredible lot of insight into all sorts of branches of Swiss business to be so sure in your judgement.
Nobody here actually cares what education you have. You must be good, then you have a chance to get on. Micro$oft, to name just one example, boasts about not employing anybody above cleaning people and the like without a college degree. Do I need say anything more? We all see the result of this policy day by day, unless we use Apple, Linux or the like. Many amateurs could easily do a much better job, but they have no chance of being hired.
Instilling the wish to be entrepreneurs into all kids sure sounds like a nice idea, but it also means you'll have 95 % frustrated adults 25 years later. Good for the shrinks.
You say in Switzerland all you can do is "stay in your place" -- sure, as long as you don't show really outstanding talent. If you do, however, no employers by their wits will ever prevent you from having a career; it's in their very own interest to have the right people in the right positions.
There are honorary degrees in Switzerland too, but, just like the regular ones, they do not mean as much as what you actually can accomplish in your job. I think talent is much more important in Switzerland than it is in the USA, unless you are self-employed. Over there you have to have your degree, otherwise the only way for making it to the top is to found your own company, usually meaning a lot of debts, and possibly fail and ruin your entire life.
Yes, there are exceptions, very successful ones even. You say that's what's so great about the American system: You always know you may be an exception. Believe it or not, most people know what the word exception means, and most of them do not like to base their life solely on the foundation of a possible exception.
Oh, by the way, it's nice to know the gubmint "recently changed some of the laws concerning student loans and their repayment." That won't be very helpful to those millions that already ruined their lives, though. I know quite a few of them. Grants and scholarships -- gimme a break. I know parents who spend most of her leisure time hunting for scholarships for their kids who will go to college in a few years. They also put every cent aside for the future education of their kids, because they know the State schools are crap, so the only chance for a successful career is one of the elite colleges. Is that really a better system?