Compared to what, though? To paying tens (up to over a hundred for top schools) of thousands of dollars for the same thing but without practical skills? Ideally, people would be leaving school with something to show for it: open source code, launched projects, co-authorship on research papers, stuff like that. Or better yet, leave as cohesive teams, ready to rip in the public sector. Or even better: leave as a part of a startup with their own product (accelerator model), while school would retain minority interest.