There are three primary sources for funding public higher education.
1. Funding provided by the State;
2. Funding provided by students through payment of tuition; and
3. Funding provided by research.
As funding from the state eventually reaches zero, the two left to pay the bills are the students and funds from research. Our Nevada system has missed the boat on developing the research arms of UNLV and UNR. In 2012 Johns Hopkins University had research income of $1,680,927,000. UNLV had income from research in the amount of $50,775,000. Do you believe that UNLV has any future when it has failed to develop its research revenue capabilities? I don’t.