High-profile research institutions, many of which are members of Association of American Universities, provide many benefits for undergraduates on the fast-track to professional or graduate school programs. In part, this is because of the level of funding these schools receive from the federal government as well as from industry and nonprofit organizations. And despite an anemic economy, it appears that big money continues to flow to big name national research universities.
According to a study recently published by the National Science Foundation, university spending on research and development in all fields increased 6.9 percent between FY 2009 and FY 2010 to $61.2 billion.
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