Seeking advice on negotiating severance after 34 years of dedicated service

Today, my spouse was informed by his boss that the small company he has dedicated 34 years to is going to be sold, although there isn't a buyer lined up yet. They are offering him a severance package of $30,000 along with some form of health insurance. The pressure to make a quick decision is overwhelming, especially since he is the only one being laid off out of four salaried employees. The company claims that his Bachelor's Degree makes him a liability in the eyes of potential buyers, which feels incredibly unfair after all these years of service. I believe he should negotiate for a better package, considering his long tenure. We are feeling quite devastated and uncertain about the future, and I am seeking advice on how to approach this situation. I want to ensure he gets what he deserves, especially since the offer seems low compared to his years of service.

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