November 12, 2004
When Private Colleges Come Knocking
As those institutions get richer, public universities struggle to keep their professorsAt a black-tie gala this fall, New York University kicked off a $2.5-billion fund-raising campaign and a major effort to hire new faculty members.
To celebrate, Billy Joel, whose daughter is a freshman at NYU, performed for 400 donors, trustees, and other VIP's at Cipriani 42nd Street, an exclusive restaurant in Manhattan. Their generosity had already enabled the university to meet its goal of
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