The same will happen with the other institutions. We already have large amount of people skeptical of the CDC, WHO, and other health oriented orgs. We have growing skepticism of large financial institutions (fed & inflation, IMF & "you will own nothing", etc.). There is widespread skepticism of academic institutions, which will cause the value of academic titles to depreciate.
All this because the people who control these institutions insist on using them as political instruments (at certain times).
I wonder what the situation will be 50 years from now...