ACADEME: An ancient school where morality and philosophy were taught.

Related:

• University: A modern school where football is taught.
  Paraphrased from Ambrose Bierce's "The Devil's Dictionary"...
• ACADEMY: A modern school where football is taught.
  INSTITUTE: An archaic school where football is not...
• University:
  A modern school where football is taught...
• I went to a Catholic school where the kids were so
  tough the nun taught us art and how to draw composite...
• CALUMNUS, n. A graduate of the School for Scandal.
  Ambrose Bierce, "The Devil's...
• Where there's a will there's a won't. -- Ambrose Bierce,
  "The Devil's...
• PYRRHONISM, n. An ancient philosophy, named for its inventor.
  It consisted of an absolute disbelief in everything...
• Magpie, n.: A bird whose theivish disposition suggested to someone that it might be taught to talk.
  Ambrose Bierce, "The Devil's...