They won’t do away with it. The kids aren’t protesting the HC itself – they’re protesting the big brother HC office and how they enforce the HC.
But yes, the HC is stupid and unnecessary. As an LDS person, I wonder why the scriptures are insufficient as a set of rules/guidelines? Is something missing from them that the HC captures? And if so, why not add a section to the D&C so we’re all “bound” by that?
We always get these lectures from church leaders about “looking beyond the mark” and I have to laugh because that’s exactly what the BYU system and the honor code are doing.