That isn't/wasn't the case at either of my undergrad or graduate institutions – in fact, at my graduate program, the official policy on student work is that it

That isn't/wasn't the case at either of my undergrad or graduate institutions – in fact, at my graduate program, the official policy on student work is that it is ours and if a team project, we all had non-exclusive rights to the work. Just a small anecdotal datapoint.