Carnegie Mellon tops list of U.S. universities pulling in foreign cash (Tribune-Review)

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    Carnegie Mellon tops list of U.S. universities pulling in foreign cash – By Deb Erdley (Tribune-Review) / March 2 2020

    What a difference a generation and a billion dollars or so can make.

    Four decades ago, when economist Robert Strauss landed at Carnegie Mellon University, the Pittsburgh school Andrew Carnegie launched as a training center for the children of mill workers in 1900 was a small, well-regarded private research university.

    Its status exponentially grown since then, Strauss said.

    Today, with nearly 16,000 students, about three times its 1980 enrollment, Carnegie Mellon is a powerhouse that arguably wields more clout on the global stage than any of the nation’s vaunted Ivy League schools.

    University officials are hesitant to talk about it, but federal reports show Carnegie Mellon pulled in more in foreign investment — nearly $1.5 billion in contracts and contributions between 2013 and 2019 — than any university in the U.S.

    “That’s a great statistic, and it’s wonderful to know. Carnegie Mellon has been building that reputation. It has earned it and it is consistent,” said Gail Shrott, executive director of Global Pittsburgh.

    Shrott, who assists the U.S. State Department with foreign visitors to Pittsburgh, said CMU’s prowess in the world of cyber security is known in embassies around the world.

    Flush with foreign cash
    Pittsburgh’s Carnegie Mellon University led all U.S. colleges and universities in foreign investment between 2013 and 2019. Below is a list of the Top 10 universities and the amount received:

    1. Carnegie Mellon, $ 1.48 billion
    2. Harvard, $ 1.15 billion
    3. Massachusetts Institute of Technology, $ 694.1 million
    4. Johns Hopkins, $ 436.2 million
    5. Georgetown, $ 420 million
    6. Northwestern, $ 413 million
    7. Texas A&M, $ 379.5 million
    8. Cornell, $ 340 million
    9. Duke, $ 335 million
    10. Stanford, $ 308.8 million
      Source: U.S. Department of Education

    Continue to article:  https://triblive.com/local/pittsburgh-allegheny/carnegie-mellon-tops-list-of-u-s-universities-pulling-in-foreign-cash/

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