Joined April 2019
Photos and videos
Angad Jolly retweeted
This is not how NIH funding works. Shameful that you are misrepresenting this process deliberately or unknowingly.
NIH grant distributions have turned into a joke, but the most ridiculous part is that *70%* of the federal funds often granted to these universities goes to fund their “overhead” slush funds which subsidizes DEI & related nonsense, NOT to actual scientific grant recipients. When private foundations make similar donations to universities, the university’s overhead rake is only 10%. That’s an insane disparity & taxpayers are left holding the bag. This is how the university DEI complex sticks the bill to Uncle Sucker. This is a great early win for @DrJBhattacharya to notch, and @DOGE will gladly help him deliver it.
Community note
X% overhead means for every $1 spent for direct costs, an extra x cents goes toward indirect costs (overhead). So .70 in indirect costs (overhead) for every dollar of direct costs—0.7/1=0.7 A rate of 70% means that 41% of the money spent goes to overhead—0.7/(0.7 1)=~41%. freshbooks.com/hub/accounting…
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