Earlier quoted context omitted.
Large alumni donations can and often do increase the cost of education of all the other students. They frequently lead to large capital investments that then have uncovered operational costs. I used to work for one of the wealthiest universities with 100s of millions in capital improvements annually that couldn't provide functional HVAC and a fresh coat of paint to the buildings it had.
Most universities have really messy financials. A lot of money gets spent on projects and programs that don't directly benefit the education students receive, or the research output of the university. Things like sports investments, ballooning administration staff, or flashy construction projects. At the same time, TAs, grad students, adjunct professors, and other staff are frequently underpaid and overworked. There'…
They would just toss the "old" flowers in the dumpster