After reading HN comments, I've come to the conclusion that, education bubble aside, you all went to really shitty schools. I can tell because of the emphasis on the degree and technical skills, one of which is useless and the other of which can be gained from other sources. I've learned very few technical, "useful" skills in my schoolwork, outside of external clubs/networking/training I've done through my school. And I would have dropped out first semester if my education's biggest reward was a diploma--my school is basically unknown outside my state.
By these criteria, my education sucks. But it's been the best decision I ever made. I think that in these reoccurring debates, HN is overlooking a broad, challenging, great books-based liberal arts education like the one I'm in. By refusing to teach "technical" skills that are better learned on the job anyway, and instead actually building the strength of the mind, for the sole sake of, as John Newman said, the sake of it, liberal arts places itself in the unique position of external to current industry trends. They'll teach you to learn, and leave the technical training to you once you graduate.