Is secondary school a waste of time?

A home educating parent once mentioned that primary school level maths and English is 90% of what you need to know for everyday life as an adult an in most of employment. The remaining 10% can be learned as and when it is required. Most of what is taught in secondary school is not required for everyday life or most of employment.

Therefore is secondary school a waste of time from the perspective of education and knowledge?

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