It’s something , that a group of people get together and say”if someone listens to what we teach and memorizes the course.they are considered “schooled” and we give them a piece of paper (degree) with a fancy stamp on it.”(charging an obscene amount for it)

“They will be called a professor and can go and teach other people to get a paper with a stamp. These will be the “educated” in society “

Reminds me of the emperor’s new clothes