A new report published by the American National Science Foundation has found that Federal funding for higher education research and development fell for the third year in a row last year, with funding down 5% on the previous year, and falling more than 11% in total since peaking in 2011. The report, titled “State of Higher Education Research & Development: Trends from 2011 to 2012,” was released today at an event hosted by the Association of Public and Land-grant Universities.
A new report published by the American National Science Foundation has found that Federal funding for higher education research and development fell for the third year in a row last year, with funding down 5% on the previous year, and falling more than 11% in total since peaking in 2011. The Times Picayune reports that the trend represents the longest multi-year decline in federal funding for academic research and development since the data was first collected in 1972.