Common sense is more valuable (in the real sense, not just money) than a diploma.
And, the GPT revolution is making traditional education even less important than before.
“Hate all you want, but I'm smart, I'm so smart, and I'm in school. These guys are out here making money all these ways, and I'm spending mine to be smart. You know why? Because when I die, buddy, know what's gonna keep me warm? That's right, those degrees.” - Kanye West
Common sense has a new meaning nowadays: it is just opposite of educated. And in that semantic space education = brainwashing. So yes, by that definition higher education (etc) leads to less common sense.
And, the GPT revolution is making traditional education even less important than before.
“Hate all you want, but I'm smart, I'm so smart, and I'm in school. These guys are out here making money all these ways, and I'm spending mine to be smart. You know why? Because when I die, buddy, know what's gonna keep me warm? That's right, those degrees.” - Kanye West