Technology and science are changing too fast to not want to gain more information/knowledge about how your field is changing. Those that believe that going back to school will produce no additional learning are correct-- if that is your attitude. Conversely, those that believe that they will learn a lot more, will also do that-- it is all about attitude. School is tough enough, costs lots and if you don't want to be there, certainly don't go. I am not sure how you are going to keep up with all of the changes in your respective discipline without additional education. Some of the 3 day quickie courses can scratch the surface, just barely, but you still need to devote time and energy to learn the fundamentals of the new technologies.
Accounting requires 150 hours before sitting for the CPA examination. This requires either a Master's degree or another 30 hours of preparation. Yes, all of the whining that we see here was there as well, however, it did stick. Once something is a given, it becomes easier. Architecture is another program where a Master's is the entry level degree. Many of those who earned BS degrees and practiced for many years were "grandfathered" in-- they had to take some sort of "test" after which, if passing successfully, most having been in practice for many years were, were awarded a Master's degree.
Not sure that NCEES and the state boards thought this out as carefully as required, and now, they see some flaws, requiring that the Master's degree requirement be deleted from the Model Law. The issues of comity and working in other states appears to be an unintended negative consequence, which was remedied with the removal of the requirement for the master's degree.
I suspect that we will have as many ideas and opinions on this subject as we have engineers discussing the idea!!!!!