Money big pile. Money in pile used to pay for everything and thing A. Now less money going into pile. Pile will disappear if they keep paying for thing A. Losing thing A painful but optional for now. Pile disappear very very bad, will not be able to pay for anything.

Can you maybe see past a decade and see how it might be even more twisted and perverted if they lose the endowment entirely?

University exist for over 200 years. 200 years very long time. University want to exist 200 years from now.