Someone said to me the other day "Education is the one cost you cannot afford not to make". And it really boggled me why people sincerely believe that.
Let's look at it from the perspective of ROI - you pay (sometimes an enormous) amount of money to be taught things that will give you an idea about the area you're looking to develop in. But ultimately, it doesn't help you in any way to actually find a job and work in the real life. And let's face it, employers aren't too eager on giving a shot to someone who has no experience (@educationalsystem, why aren't you giving us any experience?!).
I graduated with the prestigious BA HONS in Business Administration. I now work in LnD. EVERYTHING (and I cannot stress this enough) I know today I learned on the job. There was not a single lecture, a single textbook, or a single presentation that prepared me for any of the things I know and do today. And I also know this to be true to for many other people I have talked to.
So one (or both) of two things is wrong here - either the real world has very twisted expectations from the educational system or the educational systems across the world themselves are not suited to prepare people for the real world.
Either way, what I am saying is - don't ask me to do a Master's degree, ask me to help you learn and develop, because one is going to be a waste of my time, and the other - enrich a life (or two). And I think you know which is which!