Turn it in

I was listening to triple J's program Hack last night. There was a report on a new plagiarism prevention system that been incorporated into Universities around Australia. It is an American company called Turnitin. How it works is, a university pays for a license to use this company's program. Then the Uni can send in essays, assignments, whatever, to this company. They will check it against all the other essays, assignments, whatever, in their database and make sure it has not been copied from somewhere else. Hmm...Sounds okay, right? Wrong.

The intellectual rights of a paper belong to a student. Thus having a company KEEP a copy of the student's work and then use it to make more money is wrong...Unless of course the student agrees to it. This is where it gets hairy. Every student must sign a statement for each paper they turn in that says this is their own work and that the school can check it for plagiarism. This statement, essentially gives turnitin the rights to keep the paper and make money off of keeping it while the student gets...NOTHING. But a student can not complain about this because, they MUST sign the statement if they want their paper marked. This seems a bit wrong to me.

On the other hand, I don't really want other people copying my work, so...What is the solution?

any ideas?