I don't think it's in dire need of more degrees Rassah, western countries in general have that many degrees and courses that they don't know what to do with them all, I've been thinking back to the classes I sat in with schools and it amazes me how they managed to make the subjects so fucking boring. I look at stuff they taught back then that I've decided to partly look at again when I don't have anything else to do and what they taught was absolute garbage.
Seriously, how do you make digging for shiny and expensive gemstones and finding out where they live boring? How? In geography etc. all I got was a stupid textbook that ranted on about sand and climate change etc.
I think the internet will revolutionize not only college level education, but all education. It's going to make the term "market place for ideas" a whole lot more literal. It would help A LOT if the government would get the hell out of the way though.