> lowering the requirements
They're the same requirements, just with a different, looser, time constraint. You couldn't get a better grade without actually learning the material. Performing tasks on time, managing time, etc is incredibly important, obviously. But in an ideal world with more resources there'd be a time and a place for practicing it, reasoning about it, actually studying it, not this "absorbing it by osmosis from a constant grind" where it's all artificial. Work smart, not hard.
Consequences are still there, you still have to perform, it'd just be less time constrained.
Why would a person who has never done homework in their life be more stressed over a huge workload? They're used to working all day, _in school_. Just like how they'll be working all day, at work. Obviously I'm not talking about not having assignments/papers to write (preferably with at least some time allotted during school hours), but the kind of busywork that is the bulk of homework.