I've always wondered about College and what exactly its point is...
I'm a recruiter of professional and other skilled workers of many years standing and I assure you that most professional occupations - doctor, engineer, veterinarian, scientist, etc. - can NOT be adequately trained outside of a tertiary institution. There is a world of difference between a carpenter cutting the wrong piece of wood and a surgeon cutting the wrong piece of human.
Accountants can certainly train on the job and never have to attend a university, and accordingly, I'm sure that with appropriate on-the-job training, lawyers could be trained at work as well. Simply put, there's no incentive for employers to invest the requisite amount of money in training and systems for it ever to happen.
On the other hand, universities do indeed churn out a large number of highly qualified bulls*** artists.
Psychology, marketing, commerce, international business, political science, sociology, etc. graduates are churned out in their millions.
Yes, they keep MacDonalds well staffed, but do they need those degrees? Does the having of those degrees confer greater job prospects on the holders?
Not really, is the bad news for all those studying towards a BA/BS instead of a BSc. Your degree will open doors, but it won't help you become a CEO, a millionaire or any type of success - that comes from working hard and that's an ethic many graduates lack.
In sales especially, I have placed men with no high school diploma [equivalent in NZ/UK terms] in top management positions at the expense of multi-degreed graduates because one has proven skills and the other can't match them. Yes, there have amazing success stories of dropouts achieving great success, but they are a minority. Often, they just get highlighted to encourage others to try and emulate the example, and for the same reason, some of those perceived to have been born with a silver spoon in their mouths have to struggle for recognition.
The reason many graduates succeed is that when intellect meets attitude and creativity, only success can result. In the majority of cases, those three traits are most likely to be wrapped in a package with a degree.
One final point, which JamesDillon has rightly hammered home is that use of written English is a crucial skill in executive positions and you will be judged on it if you apply for a job at that level. I'll give you that there are no points to be gained using correct English here, but bad habits become hard to break.