It really just seems like it proves that the applicant is able to work in an environment where everything is already pre-installed and running with no need to learn basic troubleshooting, and that they were able to sit through a few years of focusing on specific aspects of a textbook and writing incredibly mundane programs... and quite possibly lack the ability to learn on their own and think outside of the box...

Interviews and testing seem like they would be a far better way to vet applicants