Established in 1925 during the region’s famous real estate boom, UM is a major research university engaged in $360 million in research and sponsored program expenditures a year. While the majority of this work is housed at the Miller School of Medicine, investigators conduct dozens of studies in other areas, including marine science, engineering, education, and psychology. Caption on verso: "Cardboard College, U. of M.; 43" (Ownership) Coral Gables Historical Resources Department CGM Florida International University