My son just finished his first year at the 40. He's laughed at all that shit, and why not? It's funny.
As far as "being ruined", he says (and it's obvious) that all that shit affects like maybe 1% of UT students. The vast, vast, huge, massive, mega-titanic remainder of UT students don't know about, don't care about, nor give two shits about any of it. It doesn't impact their day even .01%, nor do they think about it, except for occasional humorous readings in the Daily Texan or wherever.
My son and 99.99% of his compatriots are focusing on how to get by the fucking killer statics test, that lousy writing assignment, or getting lined up for co-ops/jobs/schollies/etc. They go to school to go to school. As for the "diverse" teachers, most of the controversial stuff is tucked away in a corner where no one gives a flying fuck, cheesy colleges/programs that make University liberalia feel good about themselves, but again, which impacts so very few students, nor even enters the consciousness, even for a fleeting second, in their entirety of 4-5 years, that it's completely irrelevant.
All that stuff is carnival entertainment, and sure, let 'em have it. It's feelgood stuff that they can brag about at national convocations or conferences. The practical impact upon the University is like, fucking zero zilch. Admissions actually hasn't been impacted even to a fraction of the degree which the "7%" (and decreasing) rule has. And even that, that's just to get into Dear Ol' UT; the colleges can admit whoever the fuck they want... a whole slew of "auto-admits" we know didn't get into their colleges because they thought they had it made and did shit jobs on their applications, and were denied admission, so now they wander around in "general studies".
None of that stuff matters to all but a tiny fraction of people involved with UT. Students are focused on coursework/credits/GPAs/career/job prep outta school. As it should be. The rest is crap.