If you go to your teacher (at whatever level) and say "I want to become expert in your field without either working very hard or having a great deal of natural talent" then you are again going to be disappointed no matter how good the teacher is. ("There is no royal road to mathematics.")
If you go to your doctor and she says "I know what's wrong, and you can fix it by taking these drugs and doing these exercises", and you don't take the drugs or do the exercises, it's hardly the doctor's fault if your condition doesn't improve the way you want it to.
If you go to your teacher (at whatever level) and say "I want good grades without actually mastering the ideas and facts" then yet again you will be disappointed.
In your little list of facts, you may notice that step 3 says "The teacher fails to significantly improve the student's understanding". But improving a student's understanding is a two-person job. A student who does nothing beyond turning up to most of the lectures is not likely to do well in their examinations (exception: in some fields, some outstandingly able students may be able to do this, but by definition most students are not outstandingly able). And if that's what the student does, it's not reasonable to say that the teacher is failing at their job.