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Terence Tao on the suspension of UCLA grants

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280 points dargscisyhp | 1 comments | 02 Aug 25 06:28 UTC | HN request time: 0.001s | source
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m101 ◴[02 Aug 25 08:37 UTC] No.44765789[source]▶
UCLA has an endowment of 3.8bn$. Whilst I'm sympathetic to their desire to be further government financed for the work they do, I feel like government financing should be made available to those that actually need the money. The attitude that you have access to government funds even if you have the ability to pay yourself needs to change.
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padjo ◴[02 Aug 25 08:49 UTC] No.44765844[source]▶
UCLA gets about $800m a year in federal grants. $3.8bn wouldn’t last long if they were to self fund that.
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