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Investigation: Wealthy Colleges Receive $162 Million From Feds for Science Research

By Adam Andrzejewski

Will this presidential election be the most important in American history?

Investigation by Adam Andrzejewski originally published by RealClearInvestigations.com and RealClearWire.com

The National Science Foundation announced a new initiative to fund materials science research centers at nine universities. Each of the universities will receive $18 million over the next six years, according to Forbes. These universities collectively hold billions in endowments and charge students tens of thousands of dollars to attend.

Universities receiving the funding will create centers tasked with “extending basic materials science discoveries into practical innovations and applications,” according to Forbes.

While this sounds like a laudable goal, these schools are already on the cutting edge of material science research and innovation without federal funding. Two schools, University of Illinois Urbana-Champaign and Northwestern University, are tied for #2 in the country for material science.

The schools selected also have massive coffers, which they could use to fund the programs. University of Pennsylvania has a $20.5 billion endowment and charges $59,000 for tuition. University of Michigan-Ann Arbor has a $16.8 billion endowment and charges $55,000 tuition.

The University of Illinois system has an endowment of $2.5 billion, and charges out of state students between $36,000 and $44,000 tuition. Northwestern’s endowment is $14.4 billion, and charges students $62,000 to attend.

Universities already have incentives to make scientific breakthroughs to further their reputation, and these schools have the financial means to fund these experiments. Sending millions to some of the wealthiest institutions in the world only makes them richer, leaving behind schools with smaller endowments that need the funding opportunities.
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By Adam Andrzejewski – The #WasteOfTheDay is brought to you by the forensic auditors at OpenTheBooks.com

This article was originally published by RealClearInvestigations and made available via RealClearWire.

Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with CloutHub.com, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a BlazeTV.com host, Outreach Director with FreedomWorks.org overseeing its Empower.org outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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