The college I went to had a relatively dated film course, which was completely modernised when I left.
Usually I’d argue that the internet is a better educational source than school is, but when it comes to film colleges the hands-on experience with the industry gear, along with the networking opportunities, makes it worth it. Even if the gear you use is old – the core concepts will remain the same. They have done for years.
Online tutorials are fantastic, and often I learn things from FilmRiot, Philip Bloom, Video Copilot, Blender Guru that I’d never have heard about in my media course. Getting my hands on a studio mixing board, setting up a dolly track or jib and having to sort out a complicated audio setup with XLR cables was highly useful to me. I’ll probably never own a lot of the gear I used in college, but by using it in college I’ve been prepared for jobs and projects which are using that same gear on-set.
I don’t know much about California colleges, but in regards to networking – I can’t think of one job I’ve picked up that hasn’t via word-of-mouth. So absolutely, networking is highly important.