Who Bears the Growing Cost of Science at Universities?

From EconPapers:

Scientific research has come to dominate many American universities. Even with growing external support, increasingly the costs of scientific research are being funded out of internal university funds. Our paper explains why this is occuring, presents estimates of the magnitudes of start-up cost packages being provided to scientists and engineers and then uses panel data to estimate the impact of the growing cost of science on student/faculty ratios, faculty salaries and undergraduate tuition.We find that universities whose own expenditures on research are growing the most rapidly, ceteris paribus, have had the greatest increase in student faculty ratios and, in the private sector, higher tuition increases. Thus, undergraduate students bear part of the cost of increased institutional expenditures on research.

Tags

More like this

People keep sending me links to this, so I'll make a short post about it.
Walter ReMine (an anti-evolutionist who ardently believes that "Haldane's Dilemma" is a real problem for evolution) recently updated the entry for "Haldane's Dilemma" at the CreationWiki.
During his State of the Union address, President Obama spent more time talking about education than about healthcare, which he mentioned only passing.
At a recent conference (pdf), I heard Dr. Rebecca Roberts describe the economic cost of antibiotic resistant infections at Cook County's Stroger Hospital. In a nutshell, it's terrifying.