Speaking as a student: I sympathize with Benito, have myself had his sort of frustration, and far prefer understanding to memorization... yet I must speak up for the side of the students in your experience. Why?

Because the incentives in the education system encourage memorization, and discourage understanding.

Say I'm in a class, learning some difficult topic. I know there will be a test, and the test will make up a big chunk of my grade (maybe all the tests together are most of my grade). I know the test will be such that passing it is easiest if I memorize — because that's how tests are. What do I do?

True understanding in complex topics requires contemplation, experimentation, exploration; "playing around" with the material, trying things out for myself, taking time to think about it, going out and reading other things about the topic, discussing the topic with knowledgeable people. I'd love to do all of that...

... but I have three other classes, and they all expect me to read absurd amounts of material in time for next week's lecture, and work on a major project apiece, and I have no time for any of those wonderful things I listed, and I have had four hours of sleep (and god forbid I have a job in addition to all of that) and I am in no state to deeply understand anything. Memorizing is faster and doesn't require such expenditures of cognitive effort.

So what do I do? Do I try to understand, and not be able to understand enough, in time for the test on Monday, and thus fail the class? Or do I just memorize, and pass? And what good do your understanding-based teaching techniques do me, if you're still going to give me tests and base my grade on them, and if the educational system is not going to allow me the conditions to make my own way to true understanding of the material?

None. No good at all.