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Why is a state-supported university seeking private support through a campaign?

April 26, 2017Campaign private state-supported support

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Why is a state-supported university seeking private support through a campaign?

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While Binghamton University does receive state support, those funds are decreasing — last year they made up only 39 percent of the University’s revenue. That means 61 percent comes from private gifts, along with tuition, earned income, and government grants and contracts.