I'd be happy to elaborate.
Only speaking from my experience in the US but many CS or IS graduates do not have the real world knowledge to excel in a job squarely in their field. They learn 90% of what they actually need on the job.
My uni's CS degree required a ton of math that is irrelevant to 90+ % of development jobs, lots of language and liberal arts classes that are also useless in the field, etc, etc...
at least here, uni is a total money grab. very expensive, not a whole lot of practical knowledge imparted.