Re:Science Is Getting Less Bang for Its Buck
by kiliantics on Friday November 16, 2018 @07:04PM
(#18472977)
Not to mention the fact that the academic institution usually takes a hefty "tax" on any grants awarded. Where I work, they take around 30-40% I believe.
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Re:Science Is Getting Less Bang for Its Buck
by verylongname on Saturday November 17, 2018 @03:49AM
(#18474655)
I think overhead rates at most big state schools are around 50%, and I believe they are higher at a lot of elite private universities. This is the link I got when I googled "Yale overhead rate":
https://your.yale.edu/sites/default/files/rate-agreement.pdf
If I am reading it right, it says that on-campus research has an overhead rate of 67.50 or 69.0 percent depending on the funding source. Ouch! I imagine that the federal government knows that it is subsidizing universities as a whole through this system and intends to do so.