0 considered by other people as good; admired, and approved of:
He was efficient at his job and well thought of by everyone.
[ before noun ] It's a well-thought-of school.
1 respected by many people for quality, ability, moral character, etc.:
He was well-thought-of as a foreign-policy expert.
We can all think of degrees that sound the same as some other well-thought-of degrees but which are not highly thought of in industry.
However, history is littered with errors made under the aegis of distinguished, able and well-thought-of people; what is important is to get the structure right in the first place.