In general, college doesn't teach you anything worthwhile (aside from the hard skills you mentioned).
All it is, is "the secret handshake" that opens some doors for you. A lot of the smartest people I've ever worked with didn't have a college degree. Unfortunately, this was usually an impediment to their advancing. That was a great loss for not only the employee, but the employer.
RE: All it is, is “the secret handshake” that opens some doors for you
Isn’t that worth the money though? After all, it’s often WHO you know. I suspect that a lot of the Ivy Leaguers get their initial positions because of their contacts in college.
I mean, imagine being the classmate of Dubya and being his drinking buddy at Yale....