Shouldn't make a difference what language you use although I do agree that the choice of Delphi in 2012 is a bit crazy. The language is still around and being released but certainly not one of the first choices for new projects. One big advantage it still has is compiling to native code and not requiring a JIT compiler or virtual machine on the target system. If I remember correctly, the only module that uses it is all about UI but they could use C# instead. This might have changed though since I studied there.
IMO as a programmer you should be versatile enough to work in any language, that makes you a valuable asset to any organization. I realize some people will disagree with me but I think it shows off your skills and differentiates you from others.
I agree completely, did Delphi 7 at school level, then moved over to java and I'm now doing C# at college... Al visual programming languages these days make use of oop principles and that made it quite easy for me to move between the languages. The reason I asked about Delphi was because people use to rip on delphi when I said that is the language I am currently doing, sort of got the general idea that Delphi is something of the past.
To be honest I really don't care in what language they teach me, I write pseudo code code on paper and draw class diagrams for the next 5 years, so long as I learn the techniques to code efficiently and effectively.