https://www.thecrimson.com/article/2025/4/2/harvard-indirect-cost-rate-explained/
"Harvard received more than $488 million from the NIH in grants in fiscal year 2024, nearly one third of which covers indirect expenses. Harvard’s indirect cost rate — the percent of federal funding that covers administrative costs of research — is currently 69 percent, the largest of any Ivy League school."
"Universities typically have a rate between 40-60 percent" which is still bullshyte.
Let me guess, you don't trust harvard as a source on this?