Christopher L. Eisgruber

I'll trust your math on that. Yes, it's significant. And it would be higher at many of our peer institutions because most of our peers, for example, have medical schools. And if you have a medical school, given the size of its budget, and it's dependent on national institutes of health funding, the percentages are going to be higher.

I'll trust your math on that. Yes, it's significant. And it would be higher at many of our peer institutions because most of our peers, for example, have medical schools. And if you have a medical school, given the size of its budget, and it's dependent on national institutes of health funding, the percentages are going to be higher.

The other question you asked is whether or not it's a mistake to accept that funding given the dependence that it creates. Rachel, I would say the answer to that is no. This funding has been present in the United States for a period of 70 years at risk.

The other question you asked is whether or not it's a mistake to accept that funding given the dependence that it creates. Rachel, I would say the answer to that is no. This funding has been present in the United States for a period of 70 years at risk.

all of our leading research universities, and it has allowed our research universities to be able to conduct research that makes a difference to the world, that makes our country stronger, and that we could not conduct even at a place like Princeton with its endowment resources if we were not accepting funding from the federal government.

all of our leading research universities, and it has allowed our research universities to be able to conduct research that makes a difference to the world, that makes our country stronger, and that we could not conduct even at a place like Princeton with its endowment resources if we were not accepting funding from the federal government.

And that becomes even more true as you look all the way across the country. So when you ask about things like, you know, why does the United States win so many more Nobel Prizes than other places? Why is it that we have the set of discoveries here that over time lead to things like the Internet and artificial intelligence or GLP-1s or new immunological cancer treatments.

And that becomes even more true as you look all the way across the country. So when you ask about things like, you know, why does the United States win so many more Nobel Prizes than other places? Why is it that we have the set of discoveries here that over time lead to things like the Internet and artificial intelligence or GLP-1s or new immunological cancer treatments.

Those things are happening because of this partnership. And there could be other models that you could have that would involve less government money flowing to universities. You would also have less research benefiting the United States if you did that.

Those things are happening because of this partnership. And there could be other models that you could have that would involve less government money flowing to universities. You would also have less research benefiting the United States if you did that.

Yeah, so when we are creating laboratories or buying equipment or doing other things, paying for faculty, a lot of that funding is coming from what our donors have made possible. But you need another $250 million a year to be able to do the research that those faculty are doing. are doing. Could you sub in private companies funding that? I don't think so, right?

Yeah, so when we are creating laboratories or buying equipment or doing other things, paying for faculty, a lot of that funding is coming from what our donors have made possible. But you need another $250 million a year to be able to do the research that those faculty are doing. are doing. Could you sub in private companies funding that? I don't think so, right?

Partly because the time horizon on the research that the government funds is in general longer term than what companies are looking at. Sometimes.

Partly because the time horizon on the research that the government funds is in general longer term than what companies are looking at. Sometimes.

They want to return on their investment. That's the way that works. And I mean, I'll give you a couple of these examples that involve National Science Foundation funding. Our university has been fortunate in quantum science to host a couple of Nobel celebrations over the last decade, one of them for Duncan Halden and one of them for John Hopfield.

They want to return on their investment. That's the way that works. And I mean, I'll give you a couple of these examples that involve National Science Foundation funding. Our university has been fortunate in quantum science to host a couple of Nobel celebrations over the last decade, one of them for Duncan Halden and one of them for John Hopfield.

When Duncan accepted this prize, he's an Englishman. He came over to the United States and there were reporters from England interviewing him at the press conference. They were interviewing him over Zoom. Mm-hmm. And they asked this question, well, we're proud of you as an Englishman having won the Nobel Prize. How come you did it in Princeton, New Jersey, rather than back home in England?

When Duncan accepted this prize, he's an Englishman. He came over to the United States and there were reporters from England interviewing him at the press conference. They were interviewing him over Zoom. Mm-hmm. And they asked this question, well, we're proud of you as an Englishman having won the Nobel Prize. How come you did it in Princeton, New Jersey, rather than back home in England?

And his answer was, I came to the United States because the National Science Foundation was willing to fund the kind of long-term research That I do, whereas in England, the government funding agencies were looking at things with a much shorter term application.

And his answer was, I came to the United States because the National Science Foundation was willing to fund the kind of long-term research That I do, whereas in England, the government funding agencies were looking at things with a much shorter term application.