Analysts and academics warned that funding cuts, loan caps and visa restrictions are imperiling graduate education and could trigger broader institutional distress. A feature on graduate‑school vulnerabilities highlighted program closures, shrinking enrollments and policy headwinds that threaten master’s and doctoral programs. Separately, commentary argued a larger wave of college bankruptcies is likely as institutions chase prestige, mismanage budgets and face demographic decline. Observers said the coming wave would force harder choices on trustees, presidents and state systems about program consolidation and financial triage. The reporting signaled a sector entering a precarious fiscal phase, with implications for research capacity, workforce pipelines and regional economies that rely on colleges.