Spencer LaVere Smith on Nostr: US universities are great bang-for-the-taxpayer dollar in terms of improving health, ...

US universities are great bang-for-the-taxpayer dollar in terms of improving health, tech, and the economy.

US government grants to private companies (e.g., defense contractors) are often about 50% or more in indirects. By contrast, universities typically charge < 25% in indirects. Plus it has been declining even in just the past 15 years.

PDF source: https://www.congress.gov/crs_external_products/R/PDF/R48540/R48540.1.pdf