Even the greatest scholar in Judaism can be referred to as a תלמיד חכם, Talmid Hacham, a "student of wisdom."
Learning is a lifelong endeavor. We are all somewhere on our quests for knowledge and understanding, and no matter where we are, there is always further to go.
Rabbi Tarfon used to say, "It is not your responsibility to finish the work, but neither are you free to desist from it. If you have learned much Torah, your reward will be much; and the Master of your work is trustworthy to pay you the wage for your activity." (Pirkei Avoth 2:16)
Knowledge leads to understanding, understanding leads to wisdom, and wisdom leads to peace.