For me, taking college classes provides a great springboard towards being able to understand things. It's like learning how to build all sorts of different types of keys that can open doors to massive worlds when you go out into the real world. None of my classes in and of themselves make more particularly qualified to do anything. It's only when I actually use the knowledge on a real-life project that I really gain the sticker of "does things."

Until knowledge is applied, I view it as "has the information needed to learn to do ____, ____, and _____."