A thought about "being a college"

This is from Eric Miller's "Nuclear Centers," in the April 2007 issue of Touchstone magazine:

To truly be a college requires that the educational community in question possess both social integrity -- people living together as humans should -- and intellectual integrity -- people thinking together as humans should.  By taking upon itself the holy responsibility of instructing humans in living and thinking, a college community publicly obligates itself to enact those ideals for which it stands in all aspects of its life:  from the way it structures its pay-scale to the way it structures its classrooms, from the attention it gives its students to the attention it gives to its food preparation.

If it fails at discerning the nature of the good life, or at integrating this understanding into its own life, it will not possess integrity and will look ridiculous -- and, indeed, it will be deserving of ridicule.  The social and intellectual spheres must come together to form one philosophical, ethical, aesthetic whole:  This is what the ideal of college means, and teaches. . . .

So:  Are the institutions where we write, study, and teach "ridiculous"?