Again, I agree that the instructor should make sure the students valves are turned on, and make sure that they know how to ensure this.
But, rather than "hope to god they retain the info", it's prudent to teach the students protocols and habits that catch any such mistakes. Yeah, I agree it shouldn't be that hard to figure out what way to turn valves, but the fact is that people still make that mistake. So teach them simple ways of ensuring that mistake won't affect them in a negative way.
1) pre-breath regulator(s) right before splashing
2) always turn the valves all the way on
3) make sure they know how to open the valve underwater
These 3 steps pretty much foolproof any possible valve mistakes. #1 ensures no one turned the valve off by accident (yourself, buddy, DM on the boat), and along with #2 makes sure it won't suddenly stop working at depth. #3 is the last line of defense, making sure you can catch either of the other two mistakes even if you screw up checking right before you splash, or somebody turned the valve off and then a quarter turn on without you noticing.
On a normal boat dive I check my valves when I assemble my gear, when I don the gear, right before I splash, and after descent. Takes no time, and is a very simple insurance.