No less a personage than VDH writes:
The old notion that America’s most successful citizens are turned out by prestigious four-year universities — the more private and Ivy League, the better — overseen by disinterested professors is also nearing an end. Private for-profit trade schools and online colleges are certifying millions in particular skills.
The notion that parents are going to keep borrowing $200,000 to certify their children with high-prestige BA degrees that don’t necessarily lead to good jobs seems about as wise as buying a sprawling house that one can’t afford.
James Cameron, Bill Gates, Sean Hannity, Tom Hanks, Steve Jobs, Rush Limbaugh, Tiger Woods and Mark Zuckerberg all made a good living without earning BAs.
…the new BA is scarcely equivalent to that of the old high school diploma.