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Stanford and a number of the well positioned universities can weather the storm, which is why the are cancelling in person after hoping not to. https://www.profgalloway.com/uss-university

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As with everything related to the pandemic, it kills the smaller competitors making those who will survive, schools like Stanford, Harvard, businesses like apple and google, have an even greater market dominance than before.

Apple and Google would be happy to have everybody in the world as their customer.

Stanford and Harvard, while offering some non-selective continuing ed / MOOC programs that leverage their name, are not looking to increase their enrollment for traditional degrees. Their exclusivity is part of their appeal.

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