The actual alcoholics drink alone. (And that's essentially the problem.)
Some would say it's sad that we can't just gather around a table just to talk. But the advantage of the drink (not necessarily alcoholic), is you have to be there and not on the phone.
Compare it to other “drug cultures”, e.g. cocaine. Of course users socialize heavily, but that does not mean that they are not addicted or harming themselves.
You also have the problem that people get suspicious of people hanging around not drinking alcohol.
It sounds like they wanted a hobby meetup group or similar.
Once you're out of college I think this is mostly in your imagination. Nobody will judge you for drinking water or diet soda and you similarly shouldn't judge someone for enjoying a beer at a social event.
EDIT: I do have a different expectation for parties, but understand that parties have a spectrum, from people going to a party to drink/smoke/bump what have you to reach a point of near senselessness on one end of the spectrum, to perhaps a gathering of people in the same industry who are trying to "network" at the other. My expectation for informal parties is in the middle of this where people may drink but where it isn't their expectation that they will get drunk, and the discussions will be more intimate and not business related.