Education in Russia. Does we really need the Universities?

Lets stop talking about photography for a moment.
Now I would like to talk about other things.
The matter is that the most part of "Me", is occupied in Education, for a while. While other part is compelled to earn money, for example making a photograph as well. :)
This is a Moscow State Geological Prospecting University(RSGPU) i'm working where.

Unfortunately, a time with a grants for scientific works has passed. Now only some creative collectives continue the work, for rather modest payment. The serious companies and firms are not interested in scientific researches for the enterprises. Middle age of employees of University has come nearer to... 75 years!The youth does not wish to work in science and education - too poor salary.
The literature of leading Western editions is not ordered and translated any more. Ministry of Education and Science has no either money or desire. The leading Russian company on transfer and distribution of the technical literature - publishing house MIR has gone bankrupt. Its premises are transformed into warehouses.
Actually, students are deprived access to the technical literature on world perspective and HITEC. Russian students are still receive the knowledges limited to level of the middle of 70th years of the last century! In a current of last time I had to develop modern courses for students-mathematicians and students in the field of geoinformatics. Now these directions are cut down.
"Applied mathematics" speciality in my University will be closed. My courses are necessary to nobody more!
It occurs not only at RSGPU but at the other Universities of Moscow also. For example, closing of the whole University of Economics and Statistics is accepted decision now!
Finally, let's consider a some facts. The Government has reported about increase a post-graduate students salary from present 1500 RUB to 2500 RUB in a month!( from 50 to 85 US dollars accordingly). It is absolutely serious!
By the way, the prices level in Russia are corresponds to the Central European prices.

P.S. However, here that is surprising. The unique University which is engaged in an estimation of rocks, diamonds and other mineral raw materials is in such pitiable condition!According to some information, the reconnoitered stocks of oil in Russia will suffice for near 10 years only....