I went to a Math/CS magnet program for high school with selective admissions. It wasn't racially diverse and 90% Asian, but most of them were born into working class families. Virtually everyone went to top universities and did extremely well. My brother who went to a top tier private school used my teacher's math curriculum.
They eliminated the selective admissions after I graduated and now the program is worse. The teachers teach less because the students cannot learn. The students don't go to top universities anymore. But it is diverse and equitable.
I don't want to live in a world where I must buy my children access to education. Not getting into a good university and being forced to suffer the consequences of my actions made me realize the value of hard work.
If from 0-18, the determinant of my children's success is how much money I spend on them, I'm not teaching them to be better than me.