Hacker News new | ask | show | jobs
by Spivak 350 days ago
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.