The big issue will be the accreditation bodies, which are control by Leftists. It doesn't matter if you open a conservative university, if your degrees are not recognized because your school is not accredited.
The Secretary of Education has some power over these groups, which is likely the real reason why Democrats tossed such a fit over Trump's pick.
Yes, the statists locked up higher ed with accreditation. And accreditation is a sure path to mediocrity.
Now that some states have laws requiring accreditation before an institution can call itself a college or university, there really needs to be an entirely different model.
Working ....