Wizard-of-Oz diploma
n.— «I fear that many of the students who pass will go on to earn Wizard-of-Oz diplomas, which signify nothing. Students will claim to be educated, but employers will know otherwise. The phenomenon of the Wizard-of-Oz diploma has discredited the college degree.» —“Education and Entrepreneurship” by Arnold Kling TCS Daily Dec. 1, 2006. (source: Double-Tongued Dictionary)