Federal monies come from the USA Treasury through taxes. It isn’t like federal grants have there own exclusive dynamic source. It comes from the private sector.
What is fascinating is that huge educational institutes with long established credibility actually produce their own products. Those products are not just education. The research public and private universities conduct is real. These are scientists in the rainbow of academic studies and specialties solving real problems and/or launching new ideas in the pursuit of their practices as grad students and post grad students under the supervision of their professors. There are even post doctoral scientists carrying out valuable RESEARCH.
So, basically the Trump regime is bankrupting the country. Theoretically and in practice. The bankruptcy courts will be busy for years to come. So, what do major research universities and in the case of healthcare, major hospitals do when facing bankruptcy? To begin they’d file for protections and proceed with life as usual leaving lawyers to sort out details to keep the institutions intact.
Additionally, the Board of Trustees/Directors have a new opportunity before them. Reorganization AND marketing. Of course, the deans and chancellors are involved to help direct what is possible. But, these enormous institutions are a requirement for companies. The research often ends in patents leading to more research. This is a profitable business model. It is growth.
Don’t forget this is the USA brain trust. Business and society need these folks. Failure is not an option.
Public-private partnerships already exist. There is nothing preventing schools like Harvard and Columbia from expanding their practices to allies. With draconian measures from the Trump regime and withholding of enormous amounts of money there are powerful and lucrative customers already salivating at the chance. Imagine for one minute a partnership between Oxford and Harvard and/or Columbia and/or UNC. A dream come true for magnificent brain trusts working in collaboration all the time, exchanging professors and students. Magnificent. These open ideas will be collaborated beyond international meetings that take place once a year where ideas are on display.
Business can hire universities for their R&D. State of the art facilities can be brought in to assist stronger business models. Business students can have active practices within their chosen specialty such as international finance.
Deans and Chancellors will be busy maintaining an academic focus of opportunities and learning to be sure the quality of all these new venues don’t intrude on excellence.
These institutions are the best of the best. Does anyone actually think they aren’t up to the challenge?
