Because the university was imploding as well?
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I was hoping this was the tl;dr but it wasn't. They just made a typical statement to avoid being caught up in it.
Here's my attempt at a tl;Dr if anyone wants fewer sentences.
Memorial University of Newfoundland’s Marine Institute, referred to as MUN in the article announced partnering with oceangate at some point. Somehow with a university partnership and one of the students on board the support ship that goes with the ghetto-sub nobody caught any of the glaring issues that led to it's inevitable implosion and the loss of a mediocre gamepad. Some have issue with whether there is any educational or scientific merit in a university partnering with a business centered around touring billionaires around an underwater gravesite. None were on board, but there was the possibility that students could have gone in the sub if there was an opening.