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But finding the resources to construct the building will require additional fundraising by SEAS: “We don’t have the money to build it yet,” Habbal says. “But we are planning it.”
But in addition to the potential cutting of SEAS financial backing, some professors express concerns that federal support could dry up—a trend that affects some fields more than others.
Murray says the possibility that federal funding will stagnate presents a “real worry” for SEAS. Funding from NIH will continue to grow, but at a slowing rate, while funding from the National Science Foundation will also increase at a relatively slow pace, she says.
But a cut in the graduate program could stymie growth in the faculty, as many members join with the expectation of having a certain number of graduate students in their laboratories, according to Venky.
Our elected officials and regulators would have us believe that we can regulate the greed out of the markets. I promise you that it’s never going to happen. But what we can have is a shift to a corporate culture in which employees at any firm who...