Why did Facebook choose this default?

I removed a lot of personal information from Facebook on Friday night and I ended up with a small box on the left hand side of my Wall, asking me for personal information, prodding me to complete my profile.

One of those questions were on where I went to college. The options I saw were a list of colleges friends of mine went to. What I found interesting was the last option that read "I didn't go to university."

Why is this option Private by default?
I wonder why Facebook chose to make it Private if someone didn't go to university. Is it because of the usual stigma associated with not being a college graduate? Just wanted to point it out.

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