@CTRebbe
Why did my response surprise you? It was succinct and on point.
Some of the Ivies have announced that they no longer will automatically accept legacy candidates (as Yale did with GW Bush and then his daughter) keep them in and give them ‘gentlemen’s Cs’ as passing grades.
My brothers and myself and our sons and grandsons attended the same Yeshiva in Brooklyn that my father and uncle attended before WWII. I assume family name, the fact that full tuition was to be paid and that a number of rooms have plaques with our name as the donor didn’t hurt their chances of admission. BUT, why shouldn’t a Yeshiva want multi-generation families that support the institution and share their hashgafa?
Unlike a Yeshiva, a college or university that accepts any federal funding has to balance gender, and race in its admissions. They no longer have to factor in whether or not the student needs financial aid, as they used to.