This shouldn't be a downvote or flag. It's a serious problem, especially at elite institutions, and especially at MIT and Stanford.
It's also not out-of-line with what credible sources observe:
https://blogs.bmj.com/bmj/2021/07/05/time-to-assume-that-hea...
I'm affiliated with MIT, and have been for the vast majority of my life, including at points in fairly senior roles. If you shut people out pointing problems, it will never get better.
There's an incredible urge to defend elite academic institutions, but it's not in the interest of those institutions. Remember your civics class (patriots criticize their government institutions).
The only way I see this fixed involves a period where MIT is viewed like a used car salesman in the public eye for at least enough years to cause enough pain to lead to reform. The endowment is big enough it'll do fine in the end. If it keeps sliding to fraud, it won't.