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STEM professors bring in billions of dollars in research grants, of which the university takes over 50% for "administration". If you aren't aware labs have to p
by ceeplusplus 5y ago
STEM professors bring in billions of dollars in research grants, of which the university takes over 50% for "administration". If you aren't aware labs have to pay a big cut of any grant income they get to the school. It used to be that in exchange the school would maintain buildings, fund build outs of equipment, etc. but nowadays it's wasted on DEIABCDXYZ vice chancellors of provosts.
- seanmcdirmid 5y ago> of which the university takes over 50% for "administration". Hence why I said "overhead from research grants."