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this post was submitted on 30 Dec 2024
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I can't really speak for other areas, but at least in Science and Engineering what a College does that you don't get "in the field" (because it doesn't directly lead to operational results so you don't get the time to learn it) is the foundations for the work you do, so the Mathematics and the "why" certain things work as they work rather than merely the "how" to do it (or at least it did back when I got my degree 3 decades ago).
Mind you, in my experience your "9 out 10 times" point is probably right at least in what I do - Software Development - that kind of knowledge is only useful in a fraction of the work for a fraction of the people, generally the kind of developer who is a "tool maker" rather than just a "tool user" working in things which are stretching the envelope of what can be done and are innovative or unusual *technically" (so, not "innovative" business models, which are what most of Tech Startups do nowadays), which might actually be an even worse ratio than 1 in 10 for those people vs the general universe in even just Software Development (much less Tech in general).
I supposed that what I'm trying to say is that at least in Tech you're not going to be all that great at doing work which extends the boundaries of what is possible without the kind of foundations a good Science or Engineering degree will give you - hence there is value in such education - but the vast majority of people in even the supposedly expert positions in Tech aren't extending the boundaries of what is possible, not even close.
(In other words, I'm expanding on what you said rather than disagreeing with it)