Among other advice in the section called "Number of Family Members in College", is the suggestion to consider "
having the younger child skip a year in school, to increase the overlap".
That does not seem a compelling or academically sound reason for whole-grade acceleration. Makes one wonder whether any parent has advocated that logic for acceleration to their child's teacher and principal?

You're really looking at this the wrong way. Typically any given cause will give rise to many effects. And typically any given effect will arise from many causes. You don't just look at one cause-effect pairing in isolation. Life is complicated and it is prudent to be well informed.
... game ... unethical ... syphoning ... sport ... "Just because you can do something, doesn't mean you should" ... faux ... cash basis ... [etc]
You should be careful not to over-moralize about the choices other people are almost forced to make. In college years, the FAFSA formula can effectively add up to 47% to the marginal tax rate the parents are paying on top of other taxes, and maybe other costs of working. Someone can find themselves in a situation where they are working for practically nothing so that it's just not worth it. There may be nothing they can do to avoid that scenario. All they can do is anticipate the possibility and plan accordingly.