I became a Master Gardener in 1982. It was the second year they offered it in Georgia. At that time the professors from the University of Georgi came over to teach it. Now, Master Garderners do a lot of the teaching.
About chemicals . Chemicals are really old school and I am sure that chemical companies support the University's programs. It will change - look at all the "eat local" and "non GMO" and organic Farmers Markets that are thriving. Big AG will have to change too. If you are a Master
Gardener, you come in contact with a lot of people. If you know organic - tell them about organic!
About the 50-60 hours. I think you have a year to do that.
Benefits - you learn a lot. And you hook up with other people that are gardeners. I have made some very good friends through MG.