To: The United States Congress Joint Select Committee on Deficit Reduction
America’s science and engineering graduate students need your help. Our country is on the precipice: with US finances in a desperate position, upcoming decisions will determine the shape of our nation for decades to come. We urge you to seek common ground in Congress to preserve the indispensable investments in science and engineering research that will drive our nation’s prosperity for generations. We urge you to avoid any cuts in federally funded research.
We could reiterate that scientific progress and technological innovation have kept the US at the head of the global economy for over half a century. We could remind you that rapid changes in health technology, information security, globalization, communications, artificial intelligence, and advanced materials make scientific and technological progress more critical than ever. We could warn you that our global competitors are ramping up investments in research and development, inspired by our own rise to economic superpower. But all this is well established. Instead, we’d like to discuss a crucial element of research funding that is often overlooked: human capital.
Over half a million graduate students and postdoctoral associates study science and engineering in the US. These researchers form the bedrock labor force of the world’s best university R&D community. The value of these graduate students is not limited to the experiments they run and the papers they publish. Researchers in science and engineering learn to develop and implement long-term strategies, monitor progress, adapt to unexpected findings, evaluate their work and others’, collaborate across disciplines, acquire new skills, and communicate to a wide audience. Scientists and engineers don’t just get good jobs; they create good jobs, enabling their employers to produce the innovative products and services that drive our economic growth. Every science and engineering graduate represents a high-return investment in human capital, one impossible without federal support.
Federal research funding is essential to graduate education because research is our education. Over 60% of university research is federally funded; private industry, although it dominates the development stage, accounts for only 6% of university research. America must remain competitive in the global economy, and we cannot hope to do that by paying the lowest wages. We will never win a race to the bottom. Instead, we must innovate, and train the next generation of innovators. Innovation drives 60% of US growth. Economists estimate that if our economy grew just half a percent faster than forecast for 20 years, the country would face half the deficit cutting it faces today.
Does federal research funding promote innovative technology and groundbreaking scientific progress? Absolutely. It also provides our economy with the most versatile, skilled, motivated, and creative workers in the world. We graduate students understand the severity of the fiscal crisis facing our country. Our sleeves are rolled up; we’re ready to be part of the solution. But we need your help. Congress’s goal in controlling our deficit is to protect America’s future prosperity; healthy federal research funding is essential to that prosperity. In the difficult months ahead, we ask you to look to the future and protect our crucial investments in R&D.
America’s Science and Engineering Graduate Students”