Texas A&M's $4 Billion Campaign Signals Public Ambition
- Universities try to offset declining state, federal funding
- Private counterparts have longer fundraising track records
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Public U.S. colleges are growing more ambitious in the philanthropy race.
A $4 billion fundraising campaign unveiled last week at Texas A&M University ranks as one of the largest ever, as top public schools try to offset declining state and federal funding and stay competitive with private counterparts with longer track records of tapping donations.