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The thing is that the person who took Eileen's place might be the progeny of a donor with a lot of money; or she will have a similar intelligence level so she will make the same financial contribution. So, apart from denying Eileen the Harvard experience, the college has not lost anything much.

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This is possible, but it's also possible that the replacement will not have the same level of success. I assume that success distribution is more of a power rule than equally distributed. I think this is a fairish assumption because otherwise there would not be a tiered system for colleges in the first place. In this case, Harvard does in fact lose much.

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