Unluckily, this is the truth. This develops even further. The aim become how to optimize to get good grades and not actually learn to get them. This develops even further: You don't want to learn unless you get rewarded for it. The result is the decline in the quality of work you do.

This might explain the current economics: The smart always (most of the time) find a job or a way to live. Those who care only to take a job are the jobless (because they create less value and also there are many of them).