They are welcome to express all of their opinions. I am the guy calling them ignorant because much of their complaints are ignorant. I'm the guy with experience.
I know you can't be this dumb. They can sit on their asses all they want. Here's what will happen: "Your scholarship is no longer recognized at UT. Hit the road, and, by the way, have a nice day"
I hope they succeed as well. Having ignorant opinions is going to hurt them. Most of these children have had someone holding their little hands for their entire life. Time to grow up and face the world where people don't agree with their bulls--t. Time to quit acting like spoiled brats, man-up, and get the job done on your own.
I am guessing you have never started or run a business, have no family or employees to take care of, and have had little success to date. That's okay. You are still young. If these knuckleheads didn't earn a legitimate degree from The University of Texas which can be "leveraged" into success, they screwed-up. You can coddle them and hold their hands all you want to feel good about yourself. I'm going with the old school, hard-*** model that has actually been proven to work for decades. I am exactly the S.O.B. these children need. You can take your "trophy for everyone" attitude and stick it.