Is there any point in going to university?

Solution 1:

If you want your Sim to take on a profession where you have open hours (firefighter, writer, painter, angler, etc.), then there isn't much benefit to going to university aside from the chance to boost your skills.

That isn't to say that there aren't any benefits to pursuing a career after going to university. This is mainly meant for anyone looking to join the standard professions, and getting good grades in college will allow your Sim to start out on a higher career level when first applying to that job. If you finish your college career with a perfect GPA, your Sim will start out at level 4 of their chosen career with a higher daily salary than you would get by reaching level 4 in that career normally.

Additionally, if you complete college after reaching the maximum level of influence with any of the social groups (Jocks, Nerds, or Rebels), you get an offer for an exclusive job not available anywhere else in the game - Jocks can become Sports Agents, Nerds can become Video Game Developers, and Rebels can become Art Critics.

Solution 2:

Completing a Degree with A level gives you an extra trait slot (for a total of 7 if you have the one from social group level as well). That by itself is worth it.