An anonymous professor. The self-described "Professor Being an English professor teaching an introduction to English night-c la.. Profe.or Professor Marty Nemko, however, author of "America's Most Overrated Product: The Bachelor's Degree," excuses in his book the over-importance of the degree, and offers exhausting statistics and arguments arguing for some people to abstain from higher education and pursue others . equally respectable career paths. Zachary Karabell. in his essay *The $10,000 Hoop-, he questions the wisdom of r. automatic, which most Americans give to someone who has a college degree. Karabell insinuates. that a higher education is almost overrated. and that street smarts can never be replaced by a plaque on the wall with a principal's signature