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 M. VestLiterally from the moment I came in the door of MIT, it was very clear that a highly productive 40-year partnership between U.S. research universities and the federal government was badly eroding.
Charles M. VestNonetheless, 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 M. VestWe 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 M. Vest