Are you a better pilot because your parents/grandparents bought you a degree from ERAU? I'd rather sit next to a guy who has built up his flight time in real world flying in many different airplanes and in different conditions.
Are there good pilots from a 4 year degree program? Yes, I'm sure there are. But, what I've seen are lazy SJS wanna be's still living off their parents while pursuing their life long dream at 21 years old R-ATP morons that can't fly a cross wind landing. Book smart but still a dumba$$.