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Billionaires Back a New ‘Anti-Woke' University

·1 min

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A group of wealthy benefactors are channeling their frustrations with traditional elite colleges by supporting a new educational venture in Texas. With a starting enrollment of 92 students, the University of Austin, also known as UATX, has attracted significant financial contributions from several high-profile individuals known for their success in trading, real estate, and investment sectors. The nascent institution has successfully amassed approximately $200 million in funding, including a notable $35 million contribution, an impressive achievement for a school that is yet to establish an alumni network.