The joke is not that he is getting a degree. It's getting a degree in what is essentially a mindset. It's like having a degree in positive thinking. What does an entrepreneurship degree offer that a degree in finance, mgmt or whatever doesn't? There are certain skills and knowledge that are essential for a person to have to be successful as an entrepreneur, but either you have the personality to be an entrepreneur or you don't. And who is going to take a degree in "Entrepreneurship" seriously? If you want the skills needed and a degree to go with it, why not get a real business degree? I guess that's the point.
I hear what you guys are saying, but I also got a MBA with a specialization in Entrepreneurship. It's true that entrepreneurship is a unique topic to teach, however to be a successful entrepreneur there are a number of skills you usually have to have. And those skills can be taught. And that was what the degree was good for.
Not saying a degree in Entrepreneurship is necessary by any means, or that it would even be use to all entrepreneurs...but it can help. Within 3 months of leaving my program, I raised 6 figures from investors to start my first company. Pretty sure I wouldn't have received that money, or even came up with that idea, if I didn't get the degree.
Good luck with your company bro.