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The funding came with new conditions requiring the institutions to make financial, employment and operations records publicly available.
Legislators are optimistic about bipartisan support for the proposal, which would also increase grant amounts, but they’re keeping cognizant of a looming $4.3 billion budget gap.
An opinion by the commonwealth’s attorney general on the responsibilities of public university trustees prompts a debate about whether Governor Glenn Youngkin believes they answer to him.
A new $3.9 billion endowment to support four public universities will boost research and innovation and, state officials hope, attract top faculty members and students.