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Lalartu comments on Exams and Overfitting - Less Wrong Discussion
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You find what is going to be on exam, you memorize it, you pass the exam, you forget it.
Why?
Because you don't care for knowledge, you just want a diploma.
Why?
Because companies don't care for knowledge that university gives (and don't really need it), they just want to see your diploma. If you don't have it, good luck finding a decent job.
Why?
Because one who finished the university at least isn't completely dumb and lazy. If you have such a method to filter job applicants, why not use it?
That is how it worked for me. Is it different in countries where higher education is not state-funded?
In this country, we charge students tens of thousands of dollars for that diploma. In fact, at my "public" university, first year students are required to:
Of course, these and all other services (except teaching and research) are privately owned.
Otherwise, everything's pretty much the same.