Actually, most of the instructors I've endured
do bring in real world practices.
Academia, especially the private organizations, are more interested in profit. And they don't care how the profit is made. I've seen people there who've been reported but are never kicked out. Why? Because warm bodies = walking wallets to be emptied.
On many levels, our society is so grossly broken...
When's the last time you were in college and what field(s) did you study? I'm fairly recently involved, and I'd agree with you on some issues, but absolutely disagree with you regarding others.