I think people are reading too much into something written without a unified vision of what the Colleges are supposed to be like. Realms of Sorcery feels inconsistent in general, but also seems, at times, to be more interested in evoking the atmosphere of old-fashioned conservative (sexist) academia than rational world building. Which is not an illegitimate choice to make, even if it's not what everyone is looking for.
The thing is the members of ordinary 'old-fashioned conservative academia' do not have the power to tear the guts out of reality. The feel they wanted to evoke goes directly counter to the function of the institution, making the IC leadership something between idiotic and insane.
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