I would agree especially when it entails inverted intellectual snobbery.
The British are much too self deprecating about academic achievement (Princess Di, "thick as 2 short planks" on her own admission), modesty is one thing, but considering it bad form to take pride in achievement does nobody any favours. I was once at the Boat Race with a bunch of Ciity types and one of them when asked "Are you an Oxbridge chap, Charles?" guffawed and said something along the lines of "Me, good heavens no, 2 O levels and a driving test, ha ha" as if he was actually proud of himself.
[finger down throat] emoticon.