> Majority of people that get CS now is due to money (how else to justify the expense of a diploma?)
Not sure where you are, but universities in Europe are not like in USA.
In many countries public universities are more renowned than private ones and in some, it is even quite symbolic what you pay per semester.
Lowering barrier to entry is +EV move, almost always. It multiplies crud but more importantly multiplies the 10% that are worth the crud.