This is true. Taking away public funding is what a lot of people at some of these schools want. It's an opportunity to completely eliminate the riff-raff.

Even in my own state, the flagship university was threatened with a cut off of public funding under the previous governor. It was a bit of an open secret that internally to the university, a large number of people wanted the funding to be cut. This would mean they'd no longer need to carry the financial burden of all the automatic admits from within the state.