paper chase

The act of attaining multiple post secondary degrees in spite of only being able to utilize one degree.

Student A: "Hey! I just graduated with a MD/JD!"
Student B: "Cool! So what are you going to do with that?"
Student A: "I dunno. Be a lawyer, I guess."
Student B: "So why bother getting the MD?"
Student A: "Shut up!" (storms out of room.)
Student B: "Paper chase, idiot."

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