Universities need to do very much less that isn't directly related to research or teaching and stop pretending the lead administrator of a university is an important position. The president of a university should have the pay and prestige that goes along with administering the parking garage and cafeteria and have few responsibilities or accolades beyond that.
How will Disney get to profit off of selling college athletes as an entertainment product?
If college is accessible to even the poorest Americans, how will we maintain the claim that they are bastions of liberal brainwashing against millions of conservative people getting reasonable educations in basic things like "Political Science" that don't actually force them to become communists at all?
Who will ensure that only those who "Deserve" it can afford to get a degree through byzantine FAFSA workflows and departments? Who will ensure that being middle class means you have to pay out of pocket instead of getting a couple thousand dollars?!
Government data on university expenditures show that at a broad level the increases in instructional and student-related expenditures are modest. Much of the increase is in the aforementioned medical systems, and in the Graduate and Faculty research enterprises:
https://nces.ed.gov/programs/digest/d22/tables/dt22_334.10.a...
There is a substantial collection of things that share this need.
There's disruption but not the good kind. The reckoning is cheating not demographics.