Comment by gilbetron

> All of the best professors I had either did not grade homework or weighted it very small and often on a did-you-do-it-at-all basis and did not grade attendance at all. They provided lectures and assignments as a means to learn the material and then graded you based on your performance in proctored exams taken either in class or at the university testing center.

I have the opposite experience - the best professors focused on homework and projects and exams were minimal to non-existent. People learn different ways, though, so you might function better having the threat/challenge of an exam, whereas I hated having to put everything together for an hour of stress and anxiety. Exams are artificial and unlike the real world - the point is to solve problems, not to solve problems in weirdly constrained situations.