Theoretically, Columbia's endowment could fill in this gap pretty easily, but not sure if they will spend it.How will this likely to affect the 2 Columbia’s Quant Master Program if any? From what I know the grants normally affect the phd research funding mainly.
I don't think this has much of an affect on the MFEs. Sure costs could go up, but they are already kind of robbing students blind.
I imagine this will temporarily kill a lot of research grants, Columbia should really step in and pick up the tab.