I really liked it!!
It had a target audience- and I think this works well with that target.
I lol’ed a few times and thought it was very clever.
I do find that it is a bit telling that even though FU university 
did not mention any school in particular- it struck a nerve with some specific ones.
If that satire hits to close to home and makes them feel uncomfortable- perhaps the messaging and image of those ‘elite’ schools need to be mended?!
If it doesn’t bother them- then they are ok with that image and should carry on!!!