University of Colorado Boulder seeks innovative funding for higher education

BOULDER, Colo. - The University of Colorado is setting up an advisory team of 11 people from businesses and the public, asking them to find new funding for the school.

State funding pays for less than 5 percent of operations at the Boulder campus, and the university could run out of state funding by 2023.

According to the Boulder Daily Camera, Chancellor Phil DiStefano said Thursday he also wants advice on better ways to serve students and improve research opportunities.

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