That is exactly my motivation to become wealthy. I don't need a nice number with lots of zeros. I need to secure my children's future, including their prospects for higher education.
I see no problem with those who have amassed significant resources, being afforded use of those resources to their childrens' advantage.
I'm not disagreeing with you and I'm actively doing the same; however, I wouldn't say that our children gaining advantages would be considered "Merit-Based"