Is This Article Worthless?

Smart Money has published another weird article about the value of college. The article by Jack Hough, is called "Is A College Degree Worthless?", and here's what I think about it:

a) The article is dead-wrong in trying to say that college degrees are financially worthless. The truth is that college degrees are often financially valuable, they are required for the best jobs and for grad school, and college students can greatly reduce their risks by reducing their costs.

b) The article is correct in saying that college degrees are often much less valuable than advertised.

c) The article is correct in saying that colleges often offer poor educational services.

d) The article is correct in saying that many free educational resources are currently available. However, the problem is that employers will not recognize these sources, unfortunately.

e) The article is correct in calling for the creation of a new "intelligence credential" that could be earned without ponying up thousands of dollars for college.