Various institutions that, among other things, receive federal grant money, make up an enormous amount of technological innovation. The federal government deciding it doesn’t want to pay out money that it has already contracted to pay is not going to help these institutions succeed at their innovation mission.
I, personally, believe that much of the current financial structure of the universities is broken, and the structure of the “indirect costs” causes strongly misaligned incentives, but arbitrarily and massively lowering the rates on zero notice is not the solution. I’ll note that no one involve in DOGE seems to have an actual proposal to improve the situation — they just seem to want to shut everything off.
I, personally, believe that much of the current financial structure of the universities is broken, and the structure of the “indirect costs” causes strongly misaligned incentives, but arbitrarily and massively lowering the rates on zero notice is not the solution. I’ll note that no one involve in DOGE seems to have an actual proposal to improve the situation — they just seem to want to shut everything off.