If you read the original list of demands[1],very few of the bullet points seems to be actually about the protests and anti-semitism, with the bulk of the demands involving DEI , reverse-DEI (i.e. more inclusion of white, conservative voices ) and greater federal control and oversight over Harvard's administration. If you read Harvards's response[2], you will see that the university is more than willing to co-operate on 'anti-semitism' and suppression of the protestors, but are pushing back against all the other items.

It seems that what is portrayed as a dispute over Palestine, antisemitism and qamas is actually a cover for a power-struggle between the liberals and conservatives ( such as the Heritage foundation, Project 2025, and Yarvinites)

[1] - https://www.harvard.edu/research-funding/wp-content/uploads/...

[2] - https://www.harvard.edu/research-funding/wp-content/uploads/...

edit : But when i think of it more, maybe it is about Israel and Zionism but over a longer time-scale than recent events. If you look at some of the early anti-'woke' and anti-left movements like the self-proclaimed 'Intellectual dark web', lot of them are zionists who viewed the growing liberal disenchantment with zionism in the college campus and left-wing activism (including pro-palestine activism like the BDS movement) as an existential threat to Israel.