January 23, 2012
From the Chronicle of Higher Education:
States have cut funds for public research universities by 20 percent in constant dollars from 2002 to 2010, according to a report issued on Tuesday by the National Science Foundation… The findings in this year’s report demonstrate a continuing trend in scientific innovation. While countries like China and India have increased their spending on technology and education, the United States has found itself hamstrung by a weakened economy since 2008. Adjusted for inflation, the drop in state funds for the top 101 public research universities in the United States from 2002 to 2010 was 10 percent, with nearly three-quarters of the universities losing some state support.