Couldn't we extend that to "College Degrees are dumb"? Especially since
most people crammed their way thru, or passed on outragoeus curved grading. Additionally, there is no mandatory 5 or 10 year test to see if you retained any knowledge, or even know what you are talking about.
As is true with the Skill Certification, the only people making out on college degrees (or certifications) are the issuers, who have effectively created a monopoly on employment. I.E. Pay $100,000 for that 4-year piece of paper, or you don't work. Funny, most college grads don't get work in their fields anyhow...... there are alot of lawsuits out there, by parents who forked over huge amounts of dough, only to have their kids unemployable.