Chapter

Money for Science: Never Enough

in Science for Sale

Published by University of Chicago Press

Published in print October 2007 | ISBN: 9780226306254
Published online March 2013 | e-ISBN: 9780226306261 | DOI: http://dx.doi.org/10.7208/chicago/9780226306261.003.0002
Money for Science: Never Enough

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This chapter discusses the insatiable need of American universities for money. Virtually all universities describe themselves as hard-pressed financially, even as they ingest colossal sums from a variety of sources, accumulate huge endowments, and operate on enormous budgets. Examples are Harvard University which received a total of $29.2 billion in 2006 and the University of Michigan with $4.9 billion. This chapter suggests that the pursuit of money is at the heart of modern university administration and university presidents are judged by their fundraising prowess.

Keywords: American universities; endowments; budgets; Harvard University; University of Michigan; university administration; university presidents; fundraising

Chapter.  10706 words. 

Subjects: Ethical Issues and Debates

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