This shouldn't really surprise anyone. A lot of universities are basically optimized around seeking money from donors.
I was at the University of Cambridge around the Brexit vote. After the vote, I remember someone issuing a statement that basically said "We survived the Black Death. We survived the Great War. We will survive this." I found it highly amusing.
We see that as a negative now, when Trump is calling the tune. But that does raise a question: How much of the liberalism and DEI at colleges was because that was the tune the feds were calling at that time? How much of it wasn't the universities' own desire?