I don't consider college the REAL real world yet. They're still going to class and experiencing many things they did in HS, especially with more kids staying home instead of going away (in SD anyway)
I think College is a warm up, to test to, to REALLY prepare you. High School was the end of childhood. College is a kick in the ass to say "hey, in a couple of years it's just you who decides what you do."
I tell them to learn time management and how to prioritize. And get a George Foreman grill