Comment by plutomeetsyou

Since this is the first comment that emphasizes research which most are conflating with graduate school in general. I think that is the salient effect of the funding cut, which affects research (PhDs) more than cash cow coursework programs such as Masters, MBAs, and JDs. Most are forgetting that US global position Post-WWII comes primarily from basic research -> applied research pipeline; Silicon Valley alone did not endow us with the internet, satellite, rockets, etc.