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Are these university administrations the government? Because any private entity is free to censor as much as they want (as we have seen with many entities after Charlie Kirk's murder).

Saying "this private entity censored so now the government can" is not the argument you think it is.

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We are not talking about freedoms the entities have, we are talking about what is right. The government surely has the freedom to allocate their funds in whatever way they please.

Yes, in whatever way congress directs, and as long as it doesn't violate the constitution (if you want to change the constitution, you have to amend it). The executive branch is merely supposed to execute the law as congress writes it. I would be surprised it the law stated "if the entity does not follow the same ideology as the current occupant of the executive branch, then funds may be withheld", and such a law may be challenged on grounds of constitutionaliry...

This all measure is about making sure that private faculties can obey continue censoring whatever they want, as long as they don’t get public money.

If they want to be free and private, they can do so with their own money.

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