Nothing prevents the university from paying publication fees out of overhead. In fact, many universities do so. Additionally, it should also be pointed out that

Nothing prevents the university from paying publication fees out of overhead. In fact, many universities do so. Additionally, it should also be pointed out that eLife, where Randy is the Editor-in-Chief, is open access and does not charge publication fees. http://elife.elifesciences.org/publishing-fees http://elife.elifesciences.org/publishing-fees