Federal government agencies provide about $33 billion a year to universities to conduct scientific research. That continuing investment expands human knowledge and helps educate the next generation of science and technology leaders. New discoveries from university research also form the basis for many new products and processes that benefit the…

An important factor in the success of America's national research system is that federal funds for university-based research are awarded primarily through peer review, which uses panels of scientific experts, or "peers," to evaluate the quality of grant proposals. In this competitive process, proposals compete for resources based on their…

A recent ranking undertaken by Jiao Tong University in Shanghai shows 36 U.S universities among the top 50 universities in the world, with eight of the top 10 in the United States. Author Fareed Zakaria has declared: "[H]igher education is the United States' best industry. In no other field is the United States' advantage so overwhelming. Although…