You make a valid point about the value of the certification when all that is required is a boot camp or good memory skills. Equally valid about employer requirements being at least partially to blame.
I think the greater point is that there are many people who don't see a college degree any differently. It is a piece of paper. Sure, one school holds more weight than another, and there can be debates on the over arching value; but the fact is - so long as the paper is required by prospective employers, those who desire those jobs will find ways to obtain it.

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