Imo it will boil down to economics and the undergrads. Universities have survived a very long time, but they used to sell education not prestige. Prestige is an asset that can rapidly lose value: ask MIT-bioscience donor Jeffery Epstein ;P. It's humourous to watch them scramble to get classes going because if a year of young people just move on without universities, the jig is up. The admissions scandal should have already done it :/....