What is the meaning of *practical folks in the following passage?

Enjoy learning. While practical folks will say college is about getting the piece of paper that will get you the job. I hope you will see it more than that.

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    Look up "practical" in a dictionary, and also look up "pragmatic". – Hot Licks Mar 25 at 11:53

I think it means people who think academic knowledge is not always relevant to the realities of the world.

From Cambridge Dictionary

relating to actual experience or to the use of knowledge in activities rather than to knowledge only or ideas

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