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Like what a lot of people have already said it really depends. The area of study you are going into might or might not prepare you for the career you choose. I don't think the time I spent in university was not overrated at all. I learned many things while doing my engineering undergrad. However, that being said I do feel that the structure or the methods used in universities to teach you is crap sometimes. I know a lot of people who sometimes come out of a course (I am guilty of this as well) not knowing shit all because we memorize the crap, spit it out on an exam and then forget about it the next day.
To summarize, university has helped me in my career but not as much as it could have (there is a shit ton of improvements that could be made). Then again running a university is also a business I guess? So maybe they're just trying to spit out as many smart ass students as possible with as much profit as possible... I dunno someone correct me if I'm wrong lol.
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