I’m not affiliated with nor am I particularly fond of America’s elite academic institutions, but it’s undeniable that they’re a source of power for the US and a draw for the brightest minds globally.
You can cheer on their destruction but at least admit it’s a self-own.
The most honest way to look at growth is to watch the growth of the growth — the second derivative. Linear trends can look exponential over short windows, but only sustained acceleration tells the real story.