I would venture the following: if we agree on the norm that "power should stop being transferred dynastically or through nepotism in a modern civilized society", and abolishing legacy preferences bring us closer to this norm, then the negative effects will be transient, and worth it.
There's a significant difference between not having nepotism and eliminating family bonds.
> We are tribal and protect our families.
Many of virtuous_signal's arguments boiled down to the observation that protecting your family via nepotism or dynastic preference isn't even necessarily good for the effected family member in the long run. I think that poster makes a good argument that dynastic preference in university admissions is a net negative for its beneficiaries.
The negatives of nepotism also show up in business, where, with rare exception, nepotism tends to genereate a huge drain on both productivity and external respect.
You could even replace “rich” with “rich and well-connected” though it may be hard to determine the second part.
This seems like a more honest system and it doesn’t strike me as obviously unfair or unreasonable to have. Someone paying double fees isn’t taking someone else’s place so much as providing for someone else’s place.
Your way is just that in terms of outcome, except it's more antagonizing to the rich.
Connections are traditionally determined through the very old method of asking for letters of recommendation. US military academies still work this way; you can't be admitted without a recommendation from one of the three (3) legislators representing you in the federal government, or the vice president. The method is cheap and accurate; you test someone's connections by having them exercise those connections.
For some reason universities still ask for letters of recommendation, but they've shifted to asking for letters from random teachers. This completely defeats the purpose; a recommendation from someone who is unknown to you [where "you" are the admissions officer] and who holds no power of any kind is obviously worthless.