In a lot of fields that's changing, but not in nearly as many fields as it should be. Outside of academic fields a training program could provide just as much, if not more knowledge needed for a specific career as a college. Especially with college requirements including a lot of things not necessary for the specific degree being sought.

Obviously there's many exceptions. I don't want a doctor that just took a training course, but my doctor not taking american history or calculus? Not a deal breaker at all.