With the warning (for the entire thread) that crystal balls are inherently imperfect:
I am surprised that I haven’t seen the initials “MIT” somewhere in this thread. I know that its endowment is “only” $13 billion, but I suspect that will be enough to get by. The world economy is going towards STEM, and MIT is great in this area, and can bring in full pay students at will from around the world. I think that it is another winner.
I think that a lot of small liberal arts colleges are in trouble.
A few year back I toured Boston University with a daughter. I was quite surprised when they said that they had recently reduced their enrollment (number of students admitted). At the time this seemed odd to me. A month or two later I saw a university ranking (admittedly only one ranking out of many) that had it only a few places ahead of UMass Amherst. Suddenly I got it: If its ranking were to drop down to the same as UMass, or if it stayed within 10 places or so for multiple rankings, then why would any parent ever agree to send a child to BU for $65,000 per year when they can go to UMass for 1/3 the price (if in-state). They had to reduce their enrollment to stay more elite than UMass. Long term, I think that there is a good chance that they might be in trouble. On the other hand, the real estate that they own is so valuable that I could see them very slowly shrinking and selling a building every few years for a very long time, or renting buildings out to businesses, and still staying in business.