Hardly.
It's worth almost a billion over a lifetime, WITH power to rule by decree that grows as you age, and brings all the sex that goes with both until you are on the wrong side of the grass.
Calling it worthless is just not telling the truth. Why do you think the competition for the acceptance letter is so fierce?
After you get it, looks like you are guaranteed a 3.7-4.0 GPA, plagiarism not a problem, direct entry into the Administrative State or Intelligence Agencies at age 22 (or 25 if you go directly to a top 7 law school, which your acceptance letter also guarantees), and eventual lifetime Federal judgeship if you get bored with administration.
Unless you commit suicide, die of a drug overdose, or are killed in a robbery (much less likely in Cambridge than New Haven), you basically are set for life at age 18, unless the ruling structures of the American Deep State somehow disappear.
“Calling it worthless is just not telling the truth. Why do you think the competition for the acceptance letter is so fierce?”
This is correct.
For anyone who wants to be part of the USA ruling elite, an Ivy League degree is a requirement.
The decline of academic standards etc. is irrelevant. Supporting nonsense shows that they are Regime loyalists.
That’s what Gay did. She made herself a fool, but she showed absolute loyalty to the Regime. And she doesn’t get fired.