They spent $50,000 on this "crafty move." As you imply, the price of used equipment did indeed rise, so maybe you are right. But that sounds to me like a pretty small dark cloud compared to a big silver lining for RIT and analog photography in general. If this results in more student photographers committed to film photography, then I hope Leica does indeed profit from its craftiness.
I'm not saying it's a bad thing, just that it may be more nuanced for Leica than "let's donate some cameras".
i can't wait to take a picture of my thumb with this beautiful camera.
- phirehouse, after buying a camera in the classifieds