Academia does not value quality, but quantity. It selects for scientists who are the best at marketing and networking, not necessarily doing quality science, though they can also be. I have no idea how to fix this, but competition needs to be reduced, probably by more guaranteed funding for positions, not just projects, as grants are. This latest military aid package is 2x the entire NIH budget, so surely there is mo…
Part of it is that research grants are not used fully as a research funding source - a typical university administration will skim about a quarter of every grant for "administrative costs." It's not called out as corruption because it's the norm, but it does have the effect of reducing the amount of tax-funded R&D dollars that actually make it to R&D As a result, the people in charge of hiring and firing have a self-…
From what I've seen in very limited searches, universities claim that the 30-60% overhead/administrative costs are to account for things like employee benefits, utility costs, building maintenance, and the like. The stated money pits all make sense to me, but I don't see how it actually comes up to those numbers.
Do you know if these costs are ever itemized by universities? That's probably a necessary first step before NSF/NIH would consider a rule to avoid paying opaque overhead costs. (Though I fear it would lead to absurd equipment rental fees or something of the sort. "You want to use a test tube? $3 per day per tube!")