I love this! It's a great way to 'not-stop' students' creativity and imagination. My college doesn't promote much of startup and new creative ideas. They're more focused on getting jobs and getting good salary packages from campus interviews. One of my professors literally asked me to focus on getting more marks and stop thinking of new ideas and startups till I complete college - not all professors help their students' in developing their ideas or startups. A student like me would definitely love this kind of college! :D
Your professor has some good advice. The problem I see is that many students discard the basics as 'boring' and 'pointless' and want to jump straight into new and fresh ideas. The end result is huge knowledge gaps.
If you want a startup, don't go to college. If you want to learn, go to college. When you try to do both at the same time, you just end up doing each half-assed..and both will eventually fail.
I agree to what you just said. But sometimes nothing could be learned when you already know that and I couldn't agree more to the second para. I am going to think wise and make a decision on that very soon. :)