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January 10, 2012 Opinion & Blogs » Back Page

Fool’s Gold 

Privatizing public higher education undermines its very purpose — building a highly educated middle class needed to keep Virginia competitive.

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After a rocky start in 2009, Michael Rao is getting a pay raise. The president of Virginia Commonwealth University will receive $30,000 more a year in deferred compensation and $25,000 a year for personal expenses. His base pay of $488,500 is…

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