The major problem, it seems to me, is not that education is important or unimportant but that we have such a narrow view of what constitutes education in this country.
As usual, I agree with cory. But I also think that we're too narrow about what we think makes a 'good' academic student.
We also have a problem that, in schools, what counts as 'a good student' is very different from what counts as 'a good student' at university, so you end up with students trying their best to do exactly what they have been taught to do, and what's got them there in the first place, and if they can't adapt, they struggle. And you see it every year, and it is such a waste. OTOH, students who were a bit quirky at school are often pushed out before university.
There is absolutely no guarantee that a student who gets D and Es in Maths and English is brilliant at plumbing. It would be really convenient to believe it, but it's not so. It could be that student is being taught Maths and English in a way that fundamentally fails his or her way of thinking.
However, it absolutely is privilege to be able to say education (= qualifications) aren't so important. I really notice talking to my MIL. I don't often agree with her about education, but she has four children, three of whom went to university, out of a context where that is quite unusual. She did a lot to support that. And she will tell me things like 'you must teach DD her ABCs or she won't learn to read' or 'I buy her books so she will be clever'.
A friend of mine, who is a Cambridge lecturer in English and has a small child, told me recently how he went into his son's school, and the teacher said son wasn't at the expected literacy level. 'So I smiled and told her it's ok, I wasn't worried,' he said calmly. And he didn't get patronised or ticked off by the teacher - they talked about what he might do at home and it was fine.
By contrast, my MIL told me when she was 'called in' to school to talk about the only one of her three children who hadn't learned to read before age 4, the teacher looked at her doubtfully and asked 'can you read yourself?' And she can, obviously, but she was so upset she couldn't talk after that.
I know one example is recent and one is from years ago, but I don't think much has actually changed here. I can totally understand my MIL or someone like her feeling that academic achievements are a huge way she demonstrates she's a good and conscientious mum, and I can see why you'd be less wedded to that if you were already secure in your little bubble of 'I'm so educated, me'.