@f2000sa Penn is not MIT. Penn has neither the global brand/prestige that MIT has nor the kind of universally recognized dominance in numerous fields that MIT enjoys. There are very different dynamics and considerations at play here vs MIT.
I agree with the decision not to condemn legacy status at Penn. There will be tremendous pushback by alumni and alumni giving will probably go down as it happened with Dartmouth in the early-mid 1990s.
Also I think first-gem and low income hooks should exist. Being born into privilege makes a huge difference in the difficulty of succeeding in college admissions. However I don’t agree with affirmative action based on race. Sadly in this country income and race are highly correlated correlation so just by focusing on socioeconomics you would still capture racial diversity. However I think it is wrong for upper middle class minority candidates (which do exist in good numbers) to be enjoying a leg up in admissions.