No. It's usually done to shelter kids from the real world. Never a good idea.
most institutionalized education has absolutely no relation to "the real world."
A point that will likely be lost on many here. Schooling from kindergraten through college amounts to a bizarre formalization with no connection to other institutions in the world. Just read about the travails of those unfortunate enough to follow a K-Ph.D route and it quickly becomes clear how badly school can ultimately disadvantage the most intelligent people. They truly are drawn into a usually temporary shelter from the real world, without the experience to see it for what it is.