What are some bitter truths about life at IIT/BITS Pilani?

Here are a few bitter truths about life at BITS Pilani and IITs in general that many are not known to 

• The faculty no doubt is one of the best but they are more qualified in research work than in teaching.
• The girl-to-boy ratio at IITs and BITS Pilani is deteriorating rapidly.
• IIT students stay awake most part of the night and sleep early morning around 5 thus disturbing their sleep cycle tremendously.
• The average IQ of IIT students is higher than people of the rest of the world yet the output is not particularly high
• The attendance policy is a major hurdle here and even students with decent marks get detained.
• The food served in the mess is hardly edible 
• The highest package rarely reaches the CPA mark and if it does, it's usually an international package where the in-hand salary is much less.

Despite it all, IITs and BITS have excellent placement scenarios because the recruiting companies are well aware that these students will commit to work more than their capacity and thus prefer IITians over other people.