Why do schools suck so bad?

I feel as if i’ve been taught how to succeed in the classroom but now that i’m transitioning into the “real world” from college to standing completely on my own I feel like I may have not learned anything important at all! 16 years of studying, countless all nighters, hours and hours sitting in a classroom learning and absorbing information, yet I haven’t learned some basic life skills. I don’t know how to write a check, I don’t know how to manage checking, I don’t know how to rent an apartment, I don’t know how i’m going to pay for this education, I don’t know how to get a job in society now, and most of all I don’t know who to go to with all of these questions.

Who is to blame for this or is my generation just set for failure?