I honestly don't think any part of that statement is correct. What I learned at university was a lot less practical and applicable than what I learned getting m

I honestly don't think any part of that statement is correct. What I learned at university was a lot less practical and applicable than what I learned getting my associates, and I've met PhDs while teaching train-the-trainer courses who didn't know how to use a mouse. Between that and what I've heard from people who did get a degree in computing it is filled to the brim with math and theory and very little practical application. That's valuable, but it isn't the same as training. As far as vetting goes, my experience is that all it really vets is a person's familial wealth. Consistently I've seen that wealthy people have little trouble getting degrees and people from less wealthy backgrounds who get degrees had to work a lot harder for it. Things might be different somewhere like MIT, but most colleges are not MIT.