UCLA's Business School Hopes Chucking State Funds Will Give It an Edge in the Donation Race

The UCLA campus in Westwood, Calif. Photograph by Splash News/Corbis

UCLA’s Anderson School of Management now has the last bit of paperwork it needs to largely get rid of state support. The move will yield more flexibility and, the school hopes, help it raise money as it chases the enviable endowments of some of its peers.

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