While education system is an important and an integral part of the society, it has become heavily overrated. Statistics have shown that many of the people who graduate from college often use a small percentage of the skills that they learned from college.
When you consider the huge amount that is spent on tution fee, one may think of learning as much or more from college.
Those who are self taught, or who gained their knowledge outside the college may have no chance to apply.
One must note that there are a multitude of skills which are simply impossible for you to effectively learn