The whole time I was going to school I was super impatient to get done so I could actually get working on something real. I was really just after the piece of paper they give you at the end (though I never attended my graduation to get that paper, and the original was sent to the wrong house).
Once I graduated I started my own project so that I would have some work to show when applying for jobs. I found that that experience led to as much or more knowledge gained as my best year in school. And that is not a knock against the school I went to (I thought the staff there was awesome).
I am always reminded of a quote from some movie (cant think of the name of it now)... "You spent x thousands of dollars on an education you could have got for 2 dollars in library late fees"