university funding

University spending on research and development in all fields totaled $65.8 billion in FY 2012, according to data from the National Science Foundation (NSF) Higher Education Research and Development (HERD) Survey.

University spending on research and development in all fields totaled $65.8 billion in FY 2012, according to data from the National Science Foundation (NSF) Higher Education Research and Development (HERD) Survey.

William Bowen, president emeritus of Princeton, sounds the alarm, says the current higher education model is untenable.