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.
If you view Trump 2.0 through the lens of 1.0 and his SALT deduction limits, it all makes sense.
Stop subsidizing state and local institutions at a federal level, and force local voters to make decisions about how their tax dollars are being spent.
IMHO, public edumaction and medicine should not be profit centers. If you want to go to a private school or buy a new nose for vanity reasons from private practice, fine, pay as much as you'd like, but land grant universities and public hospitals shouldn't be operated as money gathering machines.
His approach makes sense, unless you are either a beneficiary of all this crap, or hate America.
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.