Tit for Tat
I'll make this one brief. I agree, sure, that our academics are a rich resource. MIT has produced many innovators who moved the software industry forward. For many of these individuals, however, they had the privilege of having access to resources few people in the United State have. Thank God, too, because hackers like me who built an entire career off Free and Open Source Software (FOSS) skills, would never have had a career were it not for the creators of FOSS (many, though not all) being able to afford schools with resources.
As soon as the Government catches on to your point, they better well give tit for tat. I believe in the free sharing of knowledge and feel that the "industry" that is education can only offer what our Government, what our citizens, need if the education is a quality one, the resources are offered to everyone without prejudice, and money no longer is a factor in obtaining an education.
Many of the most brilliant hackers I know are not college educated, started life as poor as I did, are not Caucasian (which I happen to be), and have boundless creativity. How can the government take advantage of academia if that resource is a stale pool? Some of the most brilliant technological minds will never be known because of the way our society is built, how education is run, and the elitism of the academic environment.
Yes, you have a valid point. But much must change before that point can be put to practical use.
Disclaimer: I didn't go to college, though I spend most of my salary making sure my daughters are well educated and do go; and when they graduate, I fully expect them to be at the forefront of the type of change I have described.