But, you know, we're also looking at ways to, you know, we're paying in some cases over 70% of research funding for the administrative costs of the university. And one of the reasons for doing that is We really centralized our funding so that it goes to a handful of universities, the bulk of it goes to a handful of mainly private universities. And what we're trying to do is to expand that so that more and more people, more and more researchers have access to that money, that we have more breakthroughs, we have more open debate. (11:49–11:59)
CLAIM
Asserts that research funding is centralized and mainly goes to a few private universities.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.