indirect costs

I've been terribly behind on a billion things lately, most importantly spending time with my family and calling PharmSis and PharmMom. However, DrugMonkey's post on Mentoring 101: Let's Talk About the Money drew from me a comment I feel I should post here despite coming after 60+ other comments there. The bulk of the discussion was on 1) what do you do to educate your lab on the actual budget of running the show, 2) do NIH research grants really support graduate and postgraduate education? and 3) does recovery of indirect costs (ICRs) represent a boondoggle for university administration, an…