I have a PhD, I work in biotech and have been working on obtaining state and federal grants with University Minnesota. Indirects are like 55-60% for land grant institutions that don’t have to pay for the property they operate on, additionally they have nearly 40k undergrads paying 17-38k a year in tuition. So the scope of the research and the staff we can budget for comes from the 40-45% remaining, this includes funding techs, post docs, and the personnel that directly run the projects.

No I didn’t vote for these fools, and exponentially more damage than good is coming, and I’m good friends with postdocs who are getting screwed in real time by this nonsense.