Picking Pockets of Research

Let's Talk Funding for Science. NIH made a big announcement. They said they are cutting down on money given to universities for things like equipment and maintenance. A scientist gets a grant of 500k a year, the university will get an extra amount for these other costs. They are changing how much money the universities get. First, let's understand the numbers. They are changing the rate from 27% to 15%. This could save 4 billion dollars, but what does it mean? Many scientists think this could hurt research. Why? Because cutting these costs could mean less money for things like lab space, supplies, and researchers. Additionaly, it places the onus on universities. The ones who don't have enough cash to make this happen. Some people say the decision isn't well thought out. Others call it a "crude" move. They think the government is shifting the expense to universities. As a result, this could mean less research done overall. Researchers think this isn't a good idea. Now, let's talk about the talk. A policy insider was happy about it. Said it was cutting down on how much money universities get. The Senate hasn't approved a new leader for NIH. The current nominee hasn't had any hearings yet. Overall, this is a big change.