I consider myself a self-taught developer even though I hold a CS degree. The reason is, what is taught in college is not always up the standard required by the industry.
The only thing I learnt from college was the list of topics that needed to be studied. I spent time learning those things practically on my own.
That was the thing that helped me land a job immediately after college.
So I would say that a college CS degree is really a subjective, It depends on the person and the college.
Any self-taught developer who has the interest to improve him/her self can and will learn the foundations eventually.