Universities get ~40-50% of their funding from the government. Private equity doesn't quite fit.

Is that across all universities? Because I would guess that, for example, University of Illinois gets a much larger portion of its funding from government sources than University of Chicago (which would be one of those well-endowed universities which, incidentally, just cut tuition to zero for undergrads from families making less than $250K).

This study estimates that government spending is 40% of public university revenue, ~10% for private schools. https://nces.ed.gov/programs/coe/indicator/cud/postsecondary...

University of Illinois is also a public school. University of Chicago is private, as is MIT.

Which is precisely why I made that comparison.

Personally I've never had real people use any of my personal projects, just some bots trying to break into the server occasionally with some generic scripts. So you'll probably be fine