The administration has just announced they are reducing NIH indirect rates. If you are an undergrad, you may not think this affects you, but about half the $92 million of NIH grants that came in last year went to running the university. This is basically like shooting a $30 million hole in the university budget.
It isn't like the state is going to make that up, and so it is likely to show up in your tuition bill. And we can just hope against hope that the leaked chop of the NSF budget doesn't happen, along with a similar end to the negotiated overhead. If it does, there are going to be some really rough decisions to be made by the university.
