MAGA doesn't have a monopoly on ignorance. Some minorities are fools too. FAFO is coming. |
They along with other universities will be impacted. See Penn and others. Stop making it sound like Hopkins will be disproportionately impacte. They have a separate medical endowment and revenue streams. |
And can it, BME and several other engineering divisions are not sounding the alarm. |
You again? No one said Hopkins would be disproportionately affected, they like every other research university will not by making this up with “medical endowment and revenue streams,” whatever that is suppose to mean. |
https://www.hopkinsmedicine.org/-/media/jhm/documents/entity-fact-sheets/jhm-fast-facts.pdf JHU medicine comprises of a profitable business and separate extremely sizeable endowment separate from the university. |
https://www.hopkinsmedicine.org/-/media/jhm/documents/entity-fact-sheets/jhm-brief.pdf Page 9 - JHU has $10B in annual revenues and that's from 2023. |
Meant to say Hopkins medicine institutions. |
The ultra rich SLACs should muddle through. Some kind of deal might save the public flagships. All of the medical schools with midsize universities attached are toast. Harvard, Yale and Stanford will stumble forward, but most of the others will either have to get their goons to off Musk’s goons or face terrible pain. |
This is so on the point. I am a University professor at an A+ research univeristy and deal with both NIH and NSF. Double dipping and very high overhead is the major problem for these funding. Upper management at university keeps on coming after professors and they have to continue going after additional funding. Fat at the higher level within Universities is so bad that these positions need to go. |
Yeah sure. People are coming up with weird stats out of nowhere. If it is so important then universities need to step in and use their endowments but why would they care about research. |
It will probably make some kind of deal. If it doesn’t, research funding will be cut something like 20 percent to 30 percent, because of a sudden cut in overhead funding, and that will cause terrible pain at Hopkins. Obviously, once we having professors going into mass graves, that will cause more problems. |
This is ridiculous -- US does not have a 36T deficit, you mean 32T debt, which is largely owed to us and is about 120% of GDP. Annual deficits are on the order of 1.5T. The Republicans are talking about blowing another 5-11T hole in the debt with their tax plan -- so none of this "cost cutting DOGE stuff" is in the name of fiscal responsibility. The fiction that tax cuts pay for themselves is just that. We can sustain debt loads of 120% GDP for a while, as long as we take sensible measures to both raise taxes and cut spending to reduce annual deficits and stabilize market concerns. Japan has done so in face of an aging population and stagnant growth. The US has a huge trump card -- immigration, which will keep the growth engine going. But the MAGA folks want to cut all that, which will lead us into some dark fiscal waters. As for this overhead -- call it what it is. Every government contractor asks for overhead, which are capex. SpaceX does too. Some medical schools got a little ahead of their skis but many of the associate vice dean and other admin positions are because of all the compliance regs that NIH/NSF/DARPA/DOE all impose. Also, biomedical research has gotten expensive, while NIH direct costs have remained flat over 20 years. Something has to keep pace with inflation - so the burden gets shifted onto "overhead" which also comprise of core facilities, grant admin and all the ancillary activities that support research. All of this is bad faith and the memo was clearly written by an ideologue with no knowledge of the research enterprise. A good way to do this would be to have the announcement after some audit and discussion about an optimal level of indirects (note that acutal indirects are 30-35% of the total award, not the 60+% claimed) and introduce it over a 3-5 year period. |
If inflation were due to Biden overhang, then inflation would have been worse in the US as compared to other countries. The fact is, the inflation is better here and the economy is better here because of Biden’s policies. If you don’t understand that basic fact, then it is hard to draw valid conclusions from the other parts of your argument. |
Double dipping is prohibited already and you know that. It’s called supplanting and any audit will catch it. |
Yeah, there seems to be a troll and/or political lobbyist poster on this thread spewing crap to justify this insane move. This halt in funds will adversely affect research institutions like Hopkins. It also adversely affects all Americans because research is vital to health and innovation. I'm concerned that this money will become a political pawn to benefit certain people. Musk will redirect this money to himself. Or 2025 to Liberty or red state schools. Or Trump will start his own "research " facility or appointment himself head of NIH a large Kennedy Center. Or similar insanity. 1st, attach learning, knowledge, truth, empathy and diversity. Then, enrichment self based on the fear and anger generated by spewing lies. It is dystopian. |