This might not hold for other cases, but it really does in this one.
No. I promote creating a culture of contributing back to educational institutions if you have the means to do so.
> Also donations from rich guys to their schools creates so many bad incentives even if you don't consider the direct effects. It means that rich kids will be valued more since they are tied to donations, it means that schools will seek out people who might become rich in the fuuture etc.
Schools have no way of knowing which of their kids will become rich and therefore there is 0 substance to your assertion that donating to schools will change their structure in perverse ways. Public Schools by definition don't select their students anyways.
More to the point, kids with affluent backgrounds are far more likely to develop means of their own