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by Figs 354 days ago
> Aren't all the non-bankruptible tuition fees providing plenty of funding already?

No. Having worked in academia for years, most of my funding came from the NSF. Sometimes it was from the state government, or private organizations partnering with us instead. Usually the university took a 50%+ cut of the grants we got as "overhead" too...

1 comments

Can confirm, universities aren't giving money to researchers- they're actually taking a cut of the grants that actually fund research. They don't even pay salaries, that's only in exchange for teaching hours.

Thankfully, since grants started putting caps on how much the university is allowed to take I haven't seen a 50% overhead cut in a long time. It's still a pretty significant chunk though.