Really good news for public universities like George Mason, story in the Chronicle is here. Median for publics was 2.2% versus 2.0% for privates (FY14 data).
They are beginning to manifest themselves in seemingly small ways. Today, we see new rules on using NIH grants to support faculty salaries. For those readers with a Chronicle subscription see here. For those, without access, the bottom line is that there will be a salary cap of $179,700 for NIH grants used to support faculty…potentially a huge problem, especially at academic medical centers where faculty researchers may also be seeing patients.
My prediction: we’ll be seeing a whole lot more of this kind of stuff coming down the pike.