What I am suggesting, in a nutshell, is that higher education should be afforded to the people who have earned it, and not to the people who have walked into it, by virtue of birth and good luck. I have the strange virtue of having been born relatively privileged, but surrounded by people who are substantially more privileged than myself. I have an abnormally high IQ (low 140s). I have parents who have professional degrees who had the good sense - and the means - to send me to a very good prep school. My father, by the way, is also an alcoholic, but also has a high paying professional job, a high IQ, a background at top tier schools, and a solid work ethic.
Wouldn't it be a good thing if your drive, intelligence, and ambition were the sole factors that limited your ability to succeed in this country? Wouldn't it be a good thing for people who have never worked for anything at all, who have earned nothing, who have inherited wealth and (therefore) influence, to have to earn their position in life?