The great state universities are not going to disappear, and many will maintain a standard of excellence, but in an age of inefficient governments trying to do all things for all people, they will not have the money to compete as they once did with high-performing private institutions. The financial model built in the post-war years is no longer sustainable under present circumstances. Academic leaders have tried to circumvent this reality by raising tuition, recruiting out-of-state students, and employing other short-term fixes that fail to address the fundamental problems at hand. It is time they adapt their practices to a new and, in some ways, fundamentally different education marketplace.
https://www.aei.org/articles/reimagining-the-public-university/