It is estimated that less than $1B is spent in the U.S. each year on education research, with the federal government spending about $700M and universities, foundations and the private sector spending about $300M. That may sound like a lot, but it’s not. Consider that medicine and education should be two sides of the same coin. Both are services that developed democracies have decided all citizens are entitled to regardless of birth, station or resources. Medicine advances human health and happiness. Education advances economic productivity and happiness. Then consider that $140B is spent in the U.S. each year on medical research.
How to explain the 140:1 ratio?
Here is more.