Personally going to University especially here in Nigeria is 80% a waste of time, but its different for everyone.

If you just want the degree for degree sake
or to later get a Job that won't be able to pay your bills its not worth it, the probability of getting a Job is even very low while getting paid accordingly to your work is even higher.

I believe knowledge is power and you don't have to get a degree to be knowledgeable or Intelligent. I guess its different for everyone, some see it as protection ,I see it as time wasting here in Nigeria, I would like to save up to study oversea where they have the right practical tools for acquiring knowledge.