Don't they? Anyone willing to put reason in a back seat in order to sustain their belief in the teachings of the Giant Spaghetti Monster, Tooth Fairy, Christ, Mohammed, etc is IMHO not trustworthy to exercise better judgment in any other capacity. As another person pointed out, each of these groups of adults willing to displace observable reality in favor of children's stories are fundamentally capable only of "Lord of the Flies" style existence. We're fortunate here in the West only insofar as we keep them politically handcuffed.

The valid point in the previous posts is that education must be about applicability. In the apprenticeship model, the work accomplished has actual, not theoretical, value. The greatest weakness of my bachelor's work was that I accomplished very little that has real value (I'm not in the business of selling 'Hello World' apps). If we're to 'fix' post-secondary education, it has to be about delivering real-world skills. The first step there may be in reducing the impact of permanent faculty in lieu of practicing professionals for courses beyond the basics (calculus, physics, etc) for bachelor's-level work. As far as that goes, a course need not be driven by only one instructor; it might be divided into segments calling on the skills of several practicing professionals with some transitional material lead by the professor or TA (ignoring obvious logistics challenges). Just $.02.