It's very, very wrong. It's unethical, fraudulent and a scandal.
Higher education is a racket now.
University deans, chancellors, vice chancellors, deanlets, clueless professional managers, bumbling administrators should all be fired and put in jail.
I've written about it extensively [0..5]. After 30 years as a university professor I had to admit to myself - the university system is finished. It's fucked to the very core, devastated by decades of money grubbing gross mismanagement and total lack of vision. Good teachers have been usurped and the institutions taken over by tepid, buggy big-tech software from corporations like Google and Microsoft. Absolutely tragic.
You didn't say whether you're attending a public university or a private college.
I quit working at British universities citing "Unethical treatment of students", and copied my complaints to multiple "authorities". Nobody had the courage to reply.
Everyone should be deeply embarrassed by the state of higher education, which as you say is now on the path of "enshittification".
My advice is to get out while you can. Get a refund and find a private tutor or study group. The degree certificates universities offer are no longer worth the paper they're printed on. Even a weakly motivated student can do better studying alone with a little good guidance.
There's nothing a machine can teach you about infosec.
[0] https://www.timeshighereducation.com/campus/your-teaching-an...
[1] https://www.timeshighereducation.com/campus/joy-text-world-t...
[2] https://www.timeshighereducation.com/campus/fear-zombie-stud...
[3] https://www.timeshighereducation.com/opinion/2048-informatio...
[4] https://www.timeshighereducation.com/campus/eliminating-harm...
[5] https://www.timeshighereducation.com/campus/how-do-we-get-mo...