The personal software process (PSPsm) method was introduced a little less than a decade ago with high expectations. Still, only a limited number of experience reports have been published. This paper reports results from the University of Oulu in Finland, where PSP is a mandatory course for students majoring in software engineering. The results do not indicate a significant improvement in size or effort estimation skills, but the defects found in the unit test phase were decreased by a factor of 4.2. Students however did not plan on using the PSP skills in industry. It is suggested that course assignments are tailored to local context, and a stronger emphasis is placed on the concept and classification of defects. Software industry should in turn develop capabilities for using the PSP trained engineers. These and other implications are discussed.