Ho-lee-shit.
This article is amazing. Per the author, NIH funding is what keeps elite universities like Harvard, with billion dollar endowments, afloat. Limiting "indirect costs" to 15% of the grant is going to cause puppies to die and children to starve.
So not only is higher education fleecing it's customers (the students), but it can't survive without govt subsidies. Incredible.
Link: https://slate.com/life/2025/02/nih-funding-cuts-trump-indirect-costs-grants-ruling.html
Replies to: Ho-lee-shit.
My guy has a pension for sensationalism…the MAGA way. I like this quote
But this explanation is hard to take at face value. If Republicans actually cared about bloat in higher education, they might start by cleaning house in red states. Of the top seven highest-paid public university presidents, four are in Texas, and there’s no bigger example of waste than former Republican Sen. Ben Sasse’s spending $17.3 million (more than three times that of his predecessor) in one year as president of the University of Florida.