It is no secret that American universities are in the fight of a lifetime. With billions of dollars in federal support on the line, their ability to fund their research activities is clearly at stake. But for the biggest targets, such as Harvard, their pockets are unfathomably deep. While cuts may be painful, no financial threat is likely to be existential. What is harder to know is whether universities can come out of their current predicament with their souls intact. The groundwork for this situation has been in the making for more than a decade. While the destruction is a...