It's still a valid criticism. Unless you've had to do random things like write compilers and write/analyze algoritms every day there are going to be lots of things covered in school that most of us just don't do while programming day-to-day.
Add to that the issue that school work does require some amount of time to complete and I wonder how someone could really compress that volume of work into a few months.
Add to that the issue that school work does require some amount of time to complete and I wonder how someone could really compress that volume of work into a few months.