[InSovietRussiaORGASMGotU]

Well there's a problem: if grades are based on the papers/assignments (and tests also but just consider things to hand in), and they're giving no real deadline, then the grades aren't reflective of anything. They're not judging the knowledge, they're also judging the students' abilities to use the internet also or work together, so you don't know exactly how much the students know. To assess their knowledge, tests are used, which to study for in part, is homework. Decreased homework means "lighter" or tests based on fewer things or less detailed things. Overall, I see it as a grade inflation. Even now, or back in 1st year university, plenty of people said they got little homework and high grades yet sunk like a rock.

If highschool (grade 11+12) are meant to prepare you for college and university, then it certainly isn't doing its job.

However, in college or university, no such luck happens unless the professor is unbelievably nice (which does happen on some occassions).