Ring, Ring, Ring

Does anybody wear their high school or college rings? If so, why? For those that don't, am I alone in thinking anyone who does is kind of an asshole, all "Look at me, I went to XYZ State, I'm awesome!" or "Look at me, I loved high school and want to be reminded of it all the time!" (No offense to readers that do; I'm not talking about you, of course!)