I have found the current education methods to amazingly effective. I can literally sit down and choose any subject of interest and become well versed in it with not much more than a time commitment. And since you can get up to speed on a whim, you can stay as current for job market purposes as necessary. In fact, my current educational interest of the past several months, which wasn't even career motivated, has already generated one completely unsolicited job offer.
I'm a bit jealous of the younger generations, as these methods were primitive/not available when I was younger. I could have learned so much when I had more time to learn it. The old school system I grew up with was quite ineffective, but thankfully we've improved the options well beyond those days.