Comment Re:I just want to know (Score 1) 538
Some of that is given back by having a lot more university-supported Postdocs, where as public R1s largely require their faculty to fund postdocs of their own grants.
It sounds like you may accounting a little differently than what occurred at my institution. The 40% was taken for administration and overhead; all faculty and student pay, hardware and software, and any other research materials all came out of the remaining 60%. Part of why the ARL balked was because THEY were the administrators and approval had to go through THEM, not the university. There's no reason the university should have taken so much for "administration" they weren't providing.