There are facts in it that are accurate, and facts in it that absolutely aren't. Not that I expect the journalistic integrity from a blogger of trying to interview people that were actually familiar with some of these events, but many sections are just exemplified by pure laziness to not learn about the topic and such things are easy to do in an era when so much is online. And certainly, opinions are constantly passed off as fact, which again, is ironic in an article claiming to debunk "myths", since it has the effect of perpetuating many others. Your conclusions are your own, and you have a right to it whether it is true or not (and certainly no one can debate Pitt hasn't been its own worst enemy many times throughout history), but that doesn't make the article in question any better. I don't expect people to actually inherently know how to write a position paper to support a conclusion, but this is an example of how not to go about it.
FYI, you don't seem to be aware of what the university is doing to cultivate support from the current student bodies. It is substantially more than when I was in school. It has really been a major point of emphasis.
Also, as someone that only gives 4 figures, I never felt that Pitt doesn't care about me, not that it is what I am expecting from donating to support them. They've screwed up some things, and they often don't do things they way I think they should be done. When I think those things are an impediment to what they are trying to accomplish, that is when I start complaining publicly (and most recently I've complained about the failure to get links up to donate to the Wrestling Championship Fund, which still sufficiently promoted), but I've never felt that my support warranted more attention from them. So I certainly disagree with you there.