October 31, 2008

Booming States Lure Academics From Those With Financial Woes

By ERIC KELDERMAN

Universities are watching their state budgets crumble across the country: The University of Arizona has put a freeze on all state-financed hiring, Georgia's 14 technical colleges are being merged into seven, and New York will probably have to shelve a plan to create a $3-billion fund to attract cutting-edge research to the Empire State, which faces an estimated $6-billion budget gap.

But in some places, things look much different. States with booming industries, including oil and

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