←back to thread

Terence Tao on the suspension of UCLA grants

(mathstodon.xyz)
280 points dargscisyhp | 1 comments | 02 Aug 25 06:28 UTC | HN request time: 0s | source
Show context
m101 ◴[02 Aug 25 08:37 UTC] No.44765789[source]▶
UCLA has an endowment of 3.8bn$. Whilst I'm sympathetic to their desire to be further government financed for the work they do, I feel like government financing should be made available to those that actually need the money. The attitude that you have access to government funds even if you have the ability to pay yourself needs to change.
replies(8): >>44765839 #>>44765844 #>>44765941 #>>44765982 #>>44766058 #>>44766567 #>>44766832 #>>44768509 #
1. bryanrasmussen ◴[02 Aug 25 09:35 UTC] No.44766058[source]▶
>UCLA has an endowment of 3.8bn$

you say that like it's a lot of money? I mean sure, in comparison to the amount of money I make yes, but in comparison to value derived from research, amounts of money collected from California, amount of money given to California, and amount of money federal government spends on other things - is it a lot of money? I have a feeling it's not.

>I feel like government financing should be made available to those that actually need the money.

yeah, if they actually needed the money they would shut down the programs using the money when they stopped getting the money.