Monday, May 23, 2005

newsobserver.com | NC News Wire-Two billionaire colleges are eight miles apart in N.C.

newsobserver.com NC News Wire: "Two billionaire colleges are eight miles apart in N.C.

By VALERIE BAUMAN, Associated Press Writer

RALEIGH, N.C. -- They're only eight miles apart - a distance on 'Tobacco Road' that breeds competition in everything from basketball to the size of the endowments at Duke University and the University of North Carolina-Chapel Hill.
And even though both rank among the 47 U.S. schools with endowments of at least $1 billion, the public UNC, the flagship campus of the state's public university system, knows just how much it needs to catch up with the private Duke."

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