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flag Billionaire Jeff Yass donates $100 million to keep the University of Austin tuition-free and independent.

flag Billionaire Jeff Yass has donated $100 million to the University of Austin, a private liberal arts school in downtown Austin founded in 2021, to provide free tuition for all students. flag The gift, part of a $300 million fundraising campaign, ensures the school remains tuition-free and avoids government funding. flag The university, which currently enrolls about 150–200 students, uses high standardized test scores for automatic admission and plans to grow to 400–500 students. flag It emphasizes merit-based education and academic independence, relying on philanthropy and future alumni support. flag The donation reflects a broader trend of conservative donors funding alternative education models outside public systems.

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