Recently a Preston University (US) had made stories in newspapers in Singapore. But sometimes I really get a sense of futility about graduate studies, and possibily even undergrad studies. Let's forget about the degree mills, nowadays so many universities offer so many programmes, giving qualifications to so many people, ending in a situation where almost everyone is a MSc/MBA/PhD....so what's the point...the value of these qualifications have debased so seriously that I come to doubt the meaning of this all....we are living in the best of times, and the WORST of times!