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UW-Madison’s record-breaking research spending fuels rise in national ranking

The university announced the ranking change Monday alongside an announcement that it had spent a record-breaking $1.7 billion on research for fiscal year 2023, a 13.7% increase over the prior year. UW-Madison’s growth outpaced the national increase of 11.2% spent on university research and development, bringing the national amount spent to $108.8 billion.