I, personally, believe that much of the current financial structure of the universities is broken, and the structure of the “indirect costs” causes strongly misaligned incentives, but arbitrarily and massively lowering the rates on zero notice is not the solution. I’ll note that no one involve in DOGE seems to have an actual proposal to improve the situation — they just seem to want to shut everything off.
emotionally charged, bad faith assumptions at the smallest whiff of independent thought.
[edit: Found a less condescending way to make my point.]
Why would they do that when stock buybacks are more profitable for shareholders?
This is after all the same reasoning used to give tax breaks to get a factory to setup in town