I knew someone who ran a Tor exit node from his research lab workstation at Brigham Young University (BYU), a conservative religious school with an extreme institutional phobia of porn. He ended up in a "special interview" with his graduate advisor. I don't know if he fully groked at the time just how close he came to getting expelled.
Yeah BYU's rules are pretty strict. I don't think I would run an exit node using property from the same university that requires a waiver just to have a beard: https://honorcode.byu.edu/beard-waivers
