Rather than 'naysay' the thing, why not take the constructive route?
With an assured tuition, enterprising African American-American now have a viable opportunity to create a school(s) for their own children in a construction they approve, and pay for.
That sounds good in theory....for real....it does. But do you actually believe that the powers that be would allow black folk to form their own institutions with taxpayer dollars?? Shucks, some are still complaining about the existence of HBCUs.