Public research universities educate about 20 percent of all students nationwide; among the nation's research universities, they award 65 percent of all master's degrees and 68 percent of all research doctorate degrees. They enroll 3.8 million students, including almost 900,000 graduate students, annually.1 Public research universities produce researchers, educators, entrepreneurs, civic leaders, and the basic research breakthroughs that drive innovation, grow our economy, and benefit the daily lives of all Americans.2 Between 2012 and 2013 alone, research at public universities resulted in more than 13,322 patent applications, 522 start-up companies, and 3,094 intellectual property licenses.
Public research universities also support the upward social mobility of large numbers of talented and ambitious young people from low socioeconomic status backgrounds, many of whom are the first in their family to pursue postsecondary education. Public research universities provide a high-quality university education at reduced cost and act as pathways to higher-paying jobs than would otherwise be obtainable for most students. The sizable enrollment of undergraduate students from low-income families reflects the mission of public research universities to serve all facets of U.S. society; 31 percent of undergraduate students who attend public research universities receive Pell Grants, and the eight research universities with the highest shares of students who receive Pell Grants are all public.
But there is growing concern about the future of these vital institutions. Over the last decade, and especially following the economic collapse of 2008, nearly every state in the nation has dramatically reduced its investment in higher education, with public research universities receiving the most severe cuts. Since 2008, public research universities have suffered a 26 percent drop in state investment.5 Further, declining federal funds for research have added to the strain, despite the slight rebound afforded by the 2016 omnibus spending measure. The current funding model is broken and getting worse, putting at risk a critical component of the nation's postsecondary education system and research infrastructure.
The American Academy of Arts & Sciences has created the Lincoln Project: Excellence and Access in Public Higher Education to study the importance of public research universities, analyze economic trends affecting their operation, and recommend new strategies to sustain and strengthen these critical institutions. This publication, the fourth in a series of five Lincoln Project reports, examines the many ways in which public research universities contribute to their communities, states, regions, and the nation, and provides empirical evidence of their service to the public good.