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Location, Location, Location

Whether the money is flowing or being cut, one constant of public higher education discussions is the question of who is getting more money from the state — and why. Presidents, trustees and alumni debate the equity of funding formulas, and plot strategies so that their institutions might also be favored by those who control the purse-strings.

Two new studies suggest that strategy may go only so far and that, in some respects, public universities are like real estate: They benefit from location, location, location. The best locations may be in states led by Democrats (and with other political conditions) and in cities in or near statehouses. The studies don’t contest the way research universities receive more per student than do other kinds of institutions, although they suggest that in states with a flagship and multiple research universities, flagship status may be less important than believed, and that research universities tend to be favored.