Some hungry, ambitious schools might be created and funded that actually offer high-quality educations to the best and brightest. Harvard ought to be concerned about their reputation going down several notches, and losing status as an “elite” university. Smart kids might no longer be drawn there, and brilliant researchers might turn down positions there, regardless of compensation. All that would be left there would be pampered dunces, with no hope of employment outside of government and NGOs.
There are a couple hundred small colleges that have had shrinking enrollment for years. I think if they decided to go full anti woke and marketed themselves, as such, they could turn themselves around by getting conservative kids to attend. We could definitely use more Hillsdale type schools.