Public colleges tap private funds as state support dwindles (Washington Post)

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Two or three decades ago, public flagship universities lagged behind private national universities in fundraising, according to John Lippincott, president of the Council for Advancement and Support of Education. Their leaders counted on generous state subsidies, and most alumni assumed their alma maters could get along without private support.  Today, billion-dollar fundraising campaigns are the norm among public flagships, and other public colleges are learning the game.