Earlier quoted context omitted.
If you ban legacy, then you lose needed donations. If you lose donations, then costs go up for everyone else. There is a net benefit for everyone when there are academically challenged wealthy children. Just keep standardized testing to prevent mass arbitrary admissions that will inevitably become racist. https://priceonomics.com/do-elite-colleges-discriminate-agai... It’s happened in the past to Jewish people and it…
We don't need rich people to all piling in to donate to the top schools. Have them donated to the 2nd, 3rd, or 4th tier schools. Encouraging donation to top schools via legacy admission creates a perverse incentive to concentrate resources at a few top schools, creating the cycle of everyone fighting to get into them. Money and resources should be spread out.
You still have a strong incentive for folks who want to show gratitude to their alma mater, and at the same time help improve access and equity to everyone else.