How timely — I just finished a report on exactly this issue. I spoke with representatives from 25 different educational institutions and online service providers to understand their processes and practices, and pressures.
What we found is that universities have indeed set up overly harsh policies in response to P2P notices. The policies were typically created in the last few years, under significant political pressure and media spotlight — pressure and spotlight engineered by the large entertainment companies. University officials are typically very concerned about academic expression interests, but may not have looked at these policies in relation to all their other policies.
We found a lot more of interest — including really problematic behavior on the part of the rights enforcement companies. The report (Intellectual Property and Free Speech in the Online World) is available online, for free, in PDF.