Ok, but I'm trying to understand, institutionally, what does that look like. So we nationalize the university. Is it funded by the Department of Education? Given the last four years, I am concerned putting the entire university system under, say, Betsy DeVos.
Right, but when I'm talking about downscaling, I'm not looking at money-flows within the university, but outputs. Per capita, the US system educates and graduates substantially more students than comparable continental systems (you can see the data here: https://stats.oecd.org/ )
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And the relative presence of research done at US universities - often by scholars hired out of Europe because those US schools have more resources - is also substantially greater, per capita adjusted.
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I know research rankings have all sorts of problems, but they are at least loosely connected to a reality and that reality is lists where the top 30 research institutions might have 20-something US, 4 British and 2 continental schools in the top 30.
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