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Increasing the tax on the yield of their endowments is your solution for solving that problem? As far as cutting NSF grants, there are already legal limits in
by taylodl 2y ago
Increasing the tax on the yield of their endowments is your solution for solving that problem?
As far as cutting NSF grants, there are already legal limits in place for how that funding may be used - and it's not to support administrators and facilities. The cut to NSF is a direct cut to research, not college administrators.
And those "subsidies"? They're paying for Ph.D. students, covering their tuition and providing them a stipend. Now those students will be looking to study abroad - and once they leave, they're not likely to come back. Brilliant.
This isn't Stanford's loss, it's ours.