Rice: Universities would forfeit 11 points of overhead to reduce federal reporting
Condoleezza Rice · Condoleezza Rice: U.S. Tech at Risk Amid University Cuts, China Threat · Jul 16, 2025 · at 30:07
Former US Secretary of State and Stanford Hoover Institution Director Condoleezza Rice discusses the administrative costs and compliance burdens tied to federal research grants.
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“So I would trade the federal government 11 points on what's called the indirect cost recovery. In other words, the overhead that the government pays. I trade 11 points if you don't make me report, ah, to the degree that you do.”
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