thank you for this article miftahuddin, I had to use translator to read it. I think i'm becoming less of an advocate of 'higher education' for the purpose of obtaining qualifications to get jobs. I wrote about this becoming an issue in one of my posts about Education several months back. 

Basically, it boils down to what economists like to call the sorting function applied to the labour market, specifically employing fresh graduates by virtue of their grades and qualifications. 

It is a novel idea which originally aimed to enrich people with knowledge that allows them to live more fulfilling lives post education. In reality, people have abused the system to obtain these certificates and qualifications without learning anything meaningful at all, and all just to land a 'better' job with better future careers. 

I think it all needs to be refactored so that people once again go into education to do meaningful learning and acquire practical skills which make them actually more proficient at the jobs they intend to go into. Of course, there is no limit to learning, and in China, we like to say that we continue to learn our whole lives.