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Probably just people not understanding what an indirect rate means. They think it means the % of the grant that the university takes. So when they hear an indi
by luckluckgoosed 10y ago
Probably just people not understanding what an indirect rate means. They think it means the % of the grant that the university takes.
So when they hear an indirect rate of 65%, they think the university is taking 2/3 the money. When in fact, it's about 1/3 due to how it's calculated.