Not really, you need about triple the minimum wage to be comfortable in a lowish cost of living area.

It would force employers to remove education requirements from jobs if they’re not worth paying for. The requirement wouldn’t be to hire the work or it would be to require the degree. You would enforce it by requiring employers to sign a document upon hiring that says upon penalty of perjury that they did not request a transcript or ask the employee about their education, and there would be sting operations to enforce it along with steep fines and jail sentences for corporate employees who lie on the form. Also perhaps universities from providing transcripts or degree verifications if they cannot verify the job is doing the paperwork right