Summary wrong, details right. Leadership and mentoring starts with the President, the Trustees, the Provosts, the Deans, the Department Chairs (and the persons who therein sit), the Professors Emeriti, the Professors. Young persons learn! Morals are taught, are very teachable. Expect it, we will get it.
Apparently you believe that propaganda that universities are in the business of public service. Here’s a valuable lesson: they aren’t. The administration and faculty are in the business of making the most money for the least outlay in terms of money and effort possible, the same as everyone else in a capitalist system. I believe the ruling principal is “enlightened self-interset”. Just because these people mouth nice platitudes about “caring for the future of our youth”, you are naive to take them at their word. You, the consumer, have to demand it and back it up with refusing to purchase poor products.