Unfortunately schools these days teach theories, thats why many companies nowadays verify developing skills from coding sites, and they don't care what degree candidates hold. I remember Tim Cook once was asked why not hiring Americans, he basically blamed Universities for not training and teaching professional knowledge to their students.
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Exactly. It is great that companies aren't looking too deep into qualifications anymore. I learnt more in a month of Freelancing than I did through 3 years of University...