The thing that we at MIT must understand is the amount of real damage that is being done to us in the fine structure of how research funds are expended. Charles Vest amountdamageexpend Change image and share on social
Our goal has been to more effectively promote the value of publicly-supported research at our universities, both to the Congress and to the general public. Charles Vest congresseffectivelygeneral Change image and share on social
Of course, tax revenues have ended up being substantially higher than they were at the time these dire projections were made, and we are very close now to having a balanced budget. All that has been very helpful. Charles Vest balancebudgetclose share on social
Agency by agency, we frequently have lost a bit of ground, at least to inflation-but had it not been for the efforts we've made to educate people about the importance of science, technology and advanced education, those predictions very well might have come true. Charles Vest advanceagencybite share on social
Nonetheless, the research budgets of the Department of Defense are under enormous stress-and they are extremely important because they support more than 40 percent of all federal funding for engineering schools across the country. So the threat was and is real. Charles Vest budgetcountrydefense share on social
The Science Coalition, which grew out of an initial concept at Harvard and at MIT, has now grown to an informal group of about 60 research universities. Charles Vest coalitionconceptgroup Change image and share on social
The term 'cost shifting,' as I use it, refers to those items in a university's budget that used to be reimbursed by the federal government but are no longer paid for by them. Charles Vest budgetcostfederal Change image and share on social
Over-reliance on strictly economic justifications has already begun to hurt the quality and range of education at every level of American life. Charles Vest americanbegineconomic Change image and share on social
We are trying to make up these other elements by gaining cost efficiencies through our reengineering process and through overt fund-raising activities to better support graduate education. Charles Vest activitycosteducation Change image and share on social
I believe that our office has clearly been the leader in building coalitions, in getting other universities across the contrary to interact more effectively with the government and particularly the Congress. Charles Vest buildcoalitioncongress share on social