I disagree with everything said here.
Greg Graffin (Bad Religion) has a PhD from Cornell University, yet nobody from Minor Threat has a PhD.
Now I like both bands, but I'd say that despite Bad Religion's longevity, Minor Threat were the most ground-breaking band out of the two.
Higher education, when it comes to music, doesn't really matter unless you're contemplating writing some very obscure lyrics that deal solely with what subjects you studied in Uni.