2 ms·
People believe in win/wins. Universities aren't that.
by llm_trw 3y ago
People believe in win/wins.
Universities aren't that.
- whimsicalism 3y agomore funding for science is good
- llm_trw 3y agoYour wish is my command. The Wuhan Institute of Virology now has 500 billion dollars to spend on gain of function research.
- nsagent 3y agoYes, but the majority of the funding goes to the increasingly bloated institutional overhead. NYU takes 61% of research grants [1], while Columbia takes 64.5% [2]. That doesn't include other fees that PIs might pay in addition. These percentages keep going up year-over-year and are even into the 70% range at some institutions. [1]: https://www.nyu.edu/content/dam/nyu/research/documents/OSP/NICRA/NYU%20FY24%20DHHS%20Agreement%20signed%2010-27-2023.pdf https://www.nyu.edu/content/dam/nyu/research/documents/OSP/N... [2]: https://www.finance.columbia.edu/sites/default/files/content/Finance%20Documents/Payroll/Columbia%20F%26A%20rate%20agreement%20Fy24.pdf https://www.finance.columbia.edu/sites/default/files/content...