Having a degree is very important because it shows that one has gone through a perpetual learning under a specific discipline and this is what could be used to identify the specialization of each profession, additionally, we also needed to improve on the aspect of learning skills to help back up our experience both theoretical and practical aspects in other to be able to deliver to the society.
No matter how we want to view it, universities exist for a reason and there is nothing that would have been developed today without proper research. For we to know that university degrees are very important, government is funding university research to develop new things so things can be become easy for everyone. If there is a new drug today, know for sure that the drug most have been tasted in one university before it become public, now imagine life without all the university.
You can take university from life of uneducated people and universities are going to be fine but if you take people out of Universities, the wayward people we are going to have at going to be more than many like we have now. We are going to have a lot of uneducated peoples roaming the street that even ordinary life's is going to be hard for them. The basic life that everyone understand is going to be different, to havr someone to engage a common discussion is going to be hard.