Michael Sandt
On Thursday, data released by the National Science Foundation reported government spending on academic research rose by $1.2 Billion dollars to $31.2 billion. This is up from the $30.0 billion received last year. The troubling part of the study is that percent of spending for which the government accounted has shrunk from 64 percent in 2005 to 60 percent in 2008. Institutions however increased their budget on research by 7 percent, to $2.9 billion. The survey included data from 690 colleges that grant degrees in science or engineering, Georgia Tech was ranked thirtieth. I find this article somewhat strange, as coming to Georgia Tech I always thought it was a top ten school in terms of dollars received by the Federal Government. Perhaps it gave me the wrong impression or maybe I am underestimating the power of Federal research dollars. Stay tuned.
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