Where did it say the education was ineffective? There are reasons to believe it is not the only path to being effective at helping others, but that does not invalidate that if you spend a few years learning tools and techniques and pattern matching to behaviors, you have a valid toolkit in front of you for being a therapist.

Now, it is a valid argument whether or not it should be required (and there is no requirement to label yourself as a "coach"), and the price tag on it is of course always a consideration. But being dismissive of higher education is just as silly as being overly dependent on it.