This is a recipe for financially ruining U.S. research universities: 1) Vastly and rapidly reduce funding for research and infrastructure; 2) Scare international students, whose tuition helps fund PhD students (as TAs), away. These folks know exactly what they're doing.
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But we shouldn’t assume his demented idiocy extends to everyone in his orbit.
There are plenty of people in the regime—outside of the national security group, of course—that know exactly what they are doing.
They planned this for years.
https://www.thewrap.com/jd-vance-viktor-orban-universities-advice-clip/
You forgot one additional threat: Medicaid. Reducing Medicaid will decrease revenue for academic medical centers that will then impact their associated institutions.