Most likely it will do the opposite. Losing a year of revenue will straight up kill a bunch of universities, just like it would kill most businesses. However,

Most likely it will do the opposite. Losing a year of revenue will straight up kill a bunch of universities, just like it would kill most businesses. However, the following year there will still be the same number of 18 year olds who want to go to college as usual, and so surviving universities will grow much bigger. Bigger universities will grow bigger administrative arms, which will further isolate the leadership from students and academic and enable even more extractive policies, both because increased social distance makes cruelty more thinkable, and because the loss of competition makes it harder for students and academics to find an alternative. In other words, wiping out a bunch of businesses reduces competition, and less competitive markets are more monopolistic.