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Charles M. Vest

Charles M. Vest Books

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Charles M. Vest was a prominent figure in the fields of science, engineering, and education. During his tenure as the 16th president of the Massachusetts Institute of Technology, he advanced the institution's research and academic endeavors. Professor Vest made significant contributions to physics, particularly in materials science and nanotechnology.

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“Given the best of all possible worlds, I would make a few changes. I would place emphasis on increasing the amount of funding that goes into programs like Pell Grants, that purely and simply award funds to students who really cannot afford full tuition.”

World Given Students Amount Program Fund Grants Awards Emphasis Funding Tuition Pell Grants

Author:Charles M. Vest

“I believe that our office has clearly been the leader in building coalitions, in getting other universities across the contrary to interact more effectively with the government and particularly the Congress.”

Believe Government I Believe Leader Building Office University Congress Contrary Coalitions

Author:Charles M. Vest

“I would also certainly continue to keep loan repayment interest rates as low as possible. And I would spread the financial aid a little less thinly across all income brackets.”

Littles Interest Lows Rate Financial Spread Aids Income Loan Interest Rate Brackets Repayment Financial Aid

Author:Charles M. Vest

“Literally from the moment I came in the door of MIT, it was very clear that a highly productive 40-year partnership between U.S. research universities and the federal government was badly eroding.”

Years Moments Government Clear Doors Research University Productive Partnership Federal Government Mit

Author:Charles M. Vest

“Nonetheless, the research budgets of the Department of Defense are under enormous stress-and they are extremely important because they support more than 40 percent of all federal funding for engineering schools across the country. So the threat was and is real.”

Important Real Country School Support Research Percent Stress Threat Defense Enormous Budgets Department Engineering Funding

Author:Charles M. Vest

“On the other hand, it is not fair to say that changes in federal policy have caused our tuition to rise faster. Every economic argument imaginable would indicate that we should raise tuition at a faster rate than we do.”

Should Hands Economic Policy Fairs Argument Raises Rate Faster Not Fair Tuition

Author:Charles M. Vest

“Our goal has been to more effectively promote the value of publicly-supported research at our universities, both to the Congress and to the general public.”

Has Beens Values Goal Research University Congress General Public

Author:Charles M. Vest

“The term 'cost shifting,' as I use it, refers to those items in a university's budget that used to be reimbursed by the federal government but are no longer paid for by them.”

Use Government Used Term Cost Paid University Used To Be Budgets Federal Government Items Shifting

Author:Charles M. Vest

“We have been restraining the growth of the cost of education-that is, tuition, room and board-to be within approximately one and a half percentage points of the consumer price index.”

Has Beens Growth Rooms Half Cost Consumers Boards Percentages Tuition Restraining Cost Of Education

Author:Charles M. Vest

“The thing that we at MIT must understand is the amount of real damage that is being done to us in the fine structure of how research funds are expended.”

Real Done Fine Amount Research Structure Damage Fund Being Real Being Done Mit

Author:Charles M. Vest

“Of course, tax revenues have ended up being substantially higher than they were at the time these dire projections were made, and we are very close now to having a balanced budget. All that has been very helpful.”

Has Beens Made Courses Higher Taxes Budgets Helpful Balanced Revenue Projection Balanced Budget

Author:Charles M. Vest

“Over-reliance on strictly economic justifications has already begun to hurt the quality and range of education at every level of American life.”

Hurt Levels Education Quality Economic Range Justification Reliance American Life

Author:Charles M. Vest

“For much of this decade, both Congressional and administration budget projections showed a decline in science and technology accounts of between 20 and 30 percent in real dollars. The real impact to date has been far less severe.”

Has Beens Real Science Technology Percent Accounts Impact Dollars Decades Administration Budgets Decline Fierce Severe Projection Science And Technology

Author:Charles M. Vest

“We are trying to make up these other elements by gaining cost efficiencies through our reengineering process and through overt fund-raising activities to better support graduate education.”

Trying Process Education Support Cost Activity Elements Fund Graduates Efficiency

Author:Charles M. Vest

“Looking ahead, I believe that the underlying importance of higher education, of science, of technology, of research and scholarship to our quality of life, to the strength of our economy, to our security in many dimensions will continue to be the most important message.”

Believe Important I Believe Education Quality Technology Economy Security Higher Messages Research Importance Dimensions Quality Of Life Scholarship Higher Education Looking Ahead

Author:Charles M. Vest

“Agency by agency, we frequently have lost a bit of ground, at least to inflation-but had it not been for the efforts we've made to educate people about the importance of science, technology and advanced education, those predictions very well might have come true.”

People Wells Made Might Lost Bits Effort Education Technology Importance Agency Educate Predictions Inflation Science Technology Importance Of Science Advanced Education

Author:Charles M. Vest

“We will work with industrial or Dept. Of Defence sponsorship as long as we keep our principals of openness firm we're proud to work with the military, and they respect that in turn.”

Long Turns Military Proud Respect Firm Openness Principal Defence Sponsorship

Author:Charles M. Vest

“The Science Coalition, which grew out of an initial concept at Harvard and at MIT, has now grown to an informal group of about 60 research universities.”

Science Groups Grew Research Concepts University Initials Harvard Coalitions Mit

Author:Charles M. Vest

“America faces many challenges...but the enemy I fear most is complacency. We are about to be hit by the full force of global competition. If we continue to ignore the obvious task at hand while others beat us at our own game, our children and grandchildren will pay the price. We must now establish a sense of urgency.”

About the Author

Born: September 9, 1941
Died: December 12, 2013
Known for: Author
Quotes: 19

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