Proposition 5 on Texas ballot would create new endowment for ‘emerging’ research universities

The University of Houston is among four state universities that would qualify for additional research funding if Texas voters approve Proposition 5. (Credit: Michael Stravato for The Texas Tribune)

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For years, the University of Texas at Austin and Texas A&M University have represented Texas as the top two public research institutions in the state. Those who support schools with colors other than burnt orange or maroon lament that the schools have gained prestige by tapping a $32 billion endowment that helps them attract top faculty, increase research funding and construct new buildings.