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A message from President Kornbluth about funding and the talent pipeline

president.mit.edu

291–300 of 756 posts

Re: A message from President Kornbluth about funding and the talent pipeline

#291

The real problem is we make it too hard for international researchers to stay here. These high end student visas should have strong paths to permanent residence - maybe even an expectation

Maybe. But the fact is also that the US have become a less attractive country to live and raise your children in.

Re: A message from President Kornbluth about funding and the talent pipeline

#292
post #59

What a Rorschach blot. Comments range from AI to immigration to doomsday results for USA. The admins statement in TFA speaks more to financial policy and grant declines. Unfunded students are much less likely to accept an admission. That's just a fact of life.

They have $27 billion in their endowment. They are choosing not to fund those positions when they easily could on their own.

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Re: A message from President Kornbluth about funding and the talent pipeline

#293
post #147

Besides the people in this thread bemoaning the state of research funding, international students, etc. (all of which are valid), a lot of people are becoming disillusioned with academia. Probably 80% of the recent PhD grads I know are looking to leave academia, despite the fact that they went into it to pursue a career in academia. The median science PhD takes 6 years now, and is grueling work for terrible pay, all…

My fiancee left a lovely stats PhD program at Maryland after two years and entered the workforce instead. She started the fall before the COVID-19 quarantine in the US, and while the shift to online only exacerbated her feelings, there was plenty worrying her to make the decision palpable. Her stiped was meager, her advisor was functionally absent and _would not_ use their computer, and the thought of coming out the other end six years later with debt from her undergrad and no job - or worse, a job she would need to spend more money to accept and move for than she had on hand - was terrifying. To the best of my knowledge, I don't think she regrets her decision. I'm sure she wishes the conditions were different, but the value of a PhD today has been dragged down so thoroughly that it only makes sense for a privileged few.

Re: A message from President Kornbluth about funding and the talent pipeline

#294

Academia is about to go through a generational reset. The system is broken and the market only tolerates broken systems for so long. There are a ton of great things that come out of universities but it’s also clear that a model of charging folks well into the six-figures for a useless degree that doesn’t prepare them for the workforce is dead and a reckoning is underway. Many schools will fail and shut down. Of those…

Ok, but not what this article is about at all. Six figures is for undergrads. The issue here is that PIs don’t have the money to support graduate students, who are typically fully supported.

> The issue here is that PIs don’t have the money to support graduate students

What happened to all the money the undergrads are paying?

Re: A message from President Kornbluth about funding and the talent pipeline

#295
post #140

Earlier quoted context omitted.

That is how it usually works, but again, MIT has tens of billions of dollars. They could literally write their own grants.

A sizable chunk of the endowment likely has legal restrictions that limit how funds can be spent. E.g., they could be earmarked for undergraduate scholarships or a specific lab at a specific department. The endowment isn't a slush fund. It's also worth noting that the structural costs of research are far larger than what any single institution would be able to shoulder. For instance, MIT has extremely limited superco…

> A sizable chunk of the endowment likely has legal restrictions that limit how funds can be spent. E.g., they could be earmarked for undergraduate scholarships or a specific lab at a specific department. The endowment isn't a slush fund.

Some of it has some restrictions, but money is fungible. I do not believe that MIT is actually limited (in practice) from writing their own grants because of donor restrictions (if they wanted to).

> And of course this doesn't even get into the reality that the annual operating costs of somewhere like MIT likely far exceeds the investment returns generated by the endowment.

Somehow they spend $1.2B/year on administration, so, yeah. Don't do that. But they easily have enough principal to cover grant funding for the remaining years of this administration. Especially if they can play on their lib donor heart-strings about how mean the current administration is being to them.

Re: A message from President Kornbluth about funding and the talent pipeline

#296
post #96

Earlier quoted context omitted.

Yup, it’s called a brain drain and it’s why until recently America held a vice grip on groundbreaking research and its commercialization.

Historians looking back at this era are going to struggle to understand why we made the decisions we did.

It seems pretty cut and dry to me: Boomers I know today still rave about Regan-era policies and how good they were for everyone, although I'm not sure what "everyone" they are referring to in that sentence. Regan-era deregulation, cutting of social spending, and favoring asset-based versus wage based economic growth certainly laid the groundwork for where we are with today's K-shaped economy.

Re: A message from President Kornbluth about funding and the talent pipeline

#298

Earlier quoted context omitted.

no, they are saying that by discarding mississippi, you are ignoring like 45%+ of the state that didn't vote for whatever politician you hate. and also you are ignoring the centuries of disenfranchisement that prevents more people from voting against whatever politician you hate. it's not a monolith. mississsippi is the blackest state in the union yet coastal liberals who are supposedly anti-racist are quick to throw…

So? How's that any different than everyone in Buffalo just having to bend over and take it because NYC and Albany want to do spreadsheets and services instead of factories? No state is a monolith.

That's exactly the point. It makes no sense to say maybe if New York went off and was its own country it'll finally not be so divided.

Re: A message from President Kornbluth about funding and the talent pipeline

#299
post #147

Besides the people in this thread bemoaning the state of research funding, international students, etc. (all of which are valid), a lot of people are becoming disillusioned with academia. Probably 80% of the recent PhD grads I know are looking to leave academia, despite the fact that they went into it to pursue a career in academia. The median science PhD takes 6 years now, and is grueling work for terrible pay, all…

> Probably 80% of the recent PhD grads I know are looking to leave academia, despite the fact that they went into it to pursue a career in academia Has this changed recently?

I suppose the Trump administration didn't improve the situation.

Re: A message from President Kornbluth about funding and the talent pipeline

#300
post #242

Earlier quoted context omitted.

Lots of historical precedent for an intellectual elite ignoring the perception and needs of the common folk leading to an uprising. I'd imagine every great(in scale/importance) uprising/political tumult had some aspect of "but they're ruining everything!" Everything for intellectuals and people with ties to the system that was functioning for that minority. Coal miners don't care that international students aren't co…

The Confederates' common folks tried to burn the USA to the ground to save their inalienable right to own slaves. Who will listen to the "perception and needs" of the racist, misogynistic common folks who want to impose their religious liberty (by banning abortion) and and elevate their financial situation (by pushing downward brown and black people)? (The GOP, that's who.) And don't you tell me it's a minority, when…

> Confederates' common folks tried to burn the USA to the ground to save their inalienable right to own slaves

Something I learned at The Old Slave Mart Museum in Charleston [1] is that Southern slaveowners were almost all terifically leveraged. Slaves were purchased predominantly with borrowed money (from, I might add, the North). And slaves were expensive, making up a significant if not dominating fraction of estates' assets.

For Southern elites, therefore, abolition was an existential question. It meant bankruptcy and poverty, with insult added to injury in their creditors being Northerners. To my knowledge (and I'm no expert in this) the question of abolition paired with debt forgiveness was never seriously discussed by the Union.

So yes, Confederate racism absolutely condemns its common folk. But even a moderately well-read Southern commoner would understand that abolition meant financial crisis, taking out their communities' largest tax payers, donors, consumers and employers in one swoop.

I didn't walk away from the Museum sympathetic to slavery. But I did become more sympathetic to the South; in particular, to their bewildering decisions to continue prosecuting a war they were so very obviously, from a history textbook's perspective, losing. (To be clear, slavery is wrong. The South seceding was stupid. Not suing for peace after Gettysburg and Vicksburg stupider still.)

[1] https://theoldslavemartmuseum.org

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