<p>Some schools are starting to wake up to these facts and offer at least a one-semester elective that deals with these issues. (See <a href="http://www.oberlin.edu/catalog/con/cstud.html%5B/url%5D">http://www.oberlin.edu/catalog/con/cstud.html</a> for Oberlin's.)</p>
<p>Another reason for running your career as a formal business is to shield personal assets from liabilities arising from professional activities. My wife and I have incorporated a business, which I will not identify on CC so as not to run afoul of regulations about commercial postings, for all of these reasons. Back in the day, we had to learn everything of that sort outside of school.</p>