When I look at the calbire of individual now that is in possesion of a degree, it would make you thnk that they are just handing them out to anybody, completely worthless as a measure of someones capabilites and competency, or even just whether or not they can think at all.

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*calibre

Infact, the inverse might be true:

Going to college is likely to make you less of a critical thinker because you haven't been exposed to the types of propaganda academia is now riddled with, like a bloated worm infest corpse.

Not worthless, it expands the money supply substantially via non-bankrupting student loans.

Well that's exactly right, not worthless to the cretins running this plantation.