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It is time you got your Education Reform Act. Step #1: End your racist policies. That will be
accomplished by hammering the schools until they understand that it isn't ok to select based on skin color, gender, sexual choice, or political views.......but instead, merit.

If the job of the university leaders is tied in with compliance, they will make sure that the minions aren't pulling these kinds of shenanigans as we see here with Iowa.
Hopefully, those wronged by admissions at the universities because of their traits will be able to strip them of some of their precious endowment money as well (yes, I know that they say endowment money isn't used in general operations....but it will if it needs to be).

You yourself have acknowledged the horrendous waste and bureaucracy within universities. This is a good way to cull it out.

Further, we need to end the false dream that everyone has to go to college to succeed with a good job. Raping children of their grandparent's inheritance for useless degrees.
The cost of education is uncontrolled as well.....that will never be fixed under the present conditions....the culling that hopefully results from this will help out Americans as well by cutting university overhead.

Nothing like a brisk reform to clear sinuses. Right?