I think "Common sene is not so common" is a little earlier than that, since Voltaire's Philisophical Dictionary (published 1765) wrote 'On dit quelquefois: "Le sens commun est fort rare."' (people sometimes say "common sense is very uncommon") and a bit over 100 years before that Descartes wrote something like "Common sense is what everyone thinks he has plenty of, usually being mistaken" (i can't remember the French well enough to search for the quote and get the words right, so it obviously wsn't exactly that).

I tend to agree with the idea that, if by "common sense" we mean the ability to see logical consequences of things, common sense would be a good thing, and that people with long strings of qualifications and degrees who didn't have it would be less capable of doing things right that people who did have it; but I don't think that's actually what "common sense" means, because the vast majority of things which are said to be common sense are actually utter nonsense - and that's because the majority of people who claim to possess common sense are not capable of thinking logically.

So perhaps the important thing to remember about "common sense" is what Chase (engineer, accountant, and economist, studied at MIT and Harvard) had to say about it: "Common sense is what tells us the world is flat". I tend to agree with him.

Of course I imagine Chase's memory is unpopular in today's USA, so his good advice regarding common sense will fall on deaf ears there.