Yes. Though it can probably teach you enough that you have enough scaffolding already in your brain that you can get through a textbook without getting lost?
The great value, here, I think, is that you can have a process completely alien to humans and get an intuition of it about as good as what we can get from playing around with a ball. In high school physics, ballistics (and therefore gravity) is taught using a ball being thrown in the air for a reason- most people have this sort of intuition for that process, and find it easier to get from there to the mathematical model.
Before games/simulators like KSP, the only way to get an intuition of orbital mechanics like that would be to simulate it in your head a bunch, arduously.
I think this is a potential great source of value: games/simulator can give you otherwise-very-hard-to-get intuitive knowledge of (models of) subjects. Not a replacement for the maths and the crunch, but would probably make it easier in a revolutionary way.
I wonder if this is already happening? There must be a generation of aerospace engineering students now who have sent rockets to the Mun.
But I wonder if that might also come as a disadvantage in the classroom, where the remaining facts and methods grind has to be enforced: if, for some reason, you felt the need to make pupils knowledgeable in the sequence of popes, that incredibly boring class would naturally be spiced up with anecdotes of dual antipopes, the cadaver synod and so on. Would that last hope of making that class somewhat bearable be lost on someone who already knew those rare fun parts in between all the numbers, e.g. because of playing CK2?
The solution is to work on curriculum and textbook some more.
But this kind of knowledge acquisition only ever teaches the lowest hanging fruits, it's no substitute for drilling in the basics. Even lifetimes spent passing KSP won't bring you to a point were you could design your own rocket.