Hail to stupidity

'I was at a college graduation ceremony yesterday, and when one of the student speakers mentioned Wikipedia the graduates broke into applause'

Wiki should be banned from all schools and colleges due to its wild claims, misleading articles and in a lot of cases just plain wrong. Yes there is some useful information there, but nobody can guarantee it is correct and anybody can write something that sounds plausible but is completely wrong. The graduates at the aforementiond college are supposed to have a degree of intelligence and yet they use Wiki for research? Slightly worrying that future industry and political leaders don't see the need for verified facts.