Tuesday, May 8, 2012

Federal government has money for research but not to bail us out of debt really

U.S. Department of Energy
WASHINGTON -- Three Illinois universities are getting $2.8 million in federal research grants, scholarships and fellowships to train future leaders in the nuclear industry.




Secretary Steven Chu says the investment will encourage innovations that will create jobs and export opportunities.

Most of the money -- $1.6 million -- goes to Northwestern for research on fuel cycle technologies.

The University of Illinois will get about $876,000 to develop reactor designs and technologies. Another $5,000 will fund an undergraduate scholarship for one student at the university for a degree in the nuclear field.

The Illinois Institute of Technology gets $300,000 to buy equipment for its research reactor.

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