Harvard should do the right thing, and begin declining donations, or better yet, have a small list of "Harvard approved" deserving schools to give the money to instead. There is no way this school needs to continue reeling in 100M-500M size donations.
But if Harvard declines donations how else are affluent alumni supposed to buy in entrance for their offspring that prefer showing off their exotic vacations on Instagram over studying hard? Harvard exists for children of the ruling class to form strategic lifelong connections that will keep them in the ruling class and keep outsiders out for generations to come. Harvard's recent focus on making admissions more Woke is really only a cover for, "We need an excuse to let more donor children in despite their SAT scores being lower than those of tiger-parented Asians and other groups where parents work hard and sacrifice to get their children ahead."