Johns Hopkins leads all U.S. universities in research spending for 38th year in a row

Johns Hopkins University led all U.S. universities in research and development expenditures for the 38th consecutive year in fiscal year 2016, spending $2.431 billion on projects like fighting dengue, finding the functional age of cells, and explaining why the universe is making fewer stars.

The university's research spending in fiscal 2016, the most recent year for which data is available, was up 5.4 percent from fiscal 2015, according to the yearly National Science Foundation report on higher education R&D. That's nearly twice the percentage increase reported from 2014 to 2015.

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