State College in Oregon May Take Itself Private

The Oregon Institute of Technology is considering whether to convert itself from a public college into a private one in order to receive a major gift to set up an endowment, officials there said last week.

Joseph W. Cox, chancellor of the Oregon University System, said he was open to the possibility of allowing the change, which a local multimillionaire and his wife have set forth as a condition for their donation of at least $75-million, and possibly as much as $100-million, to the

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