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State leaders in Texas have set admirably ambitious goals for its public colleges and universities, but some of those goals are not compatible, and huge inequities persist across the system, according to a new report by researchers at the University of Pennsylvania's Institute for Higher Education Research. Texas has also failed to understand the "policy tradeoffs" required to make needed improvements, the report said. For example, the state's push to expand the research capacity of its "emerging" universities is an expensive venture at a time when state financial aid has not kept pace with tuition increases. The report is the fourth of a five-state study from the institute.