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The answer could be to increase the percentage of out-of-state students since they pay full fare without state subsidies.
The entrance requirements for out-of-state students in terms of ACT scores and GPA are much higher than for in-state students. UT should make the entrance requirements the same and slowly boost the total of out-of-state students by percentage to raise more revenue.
The University of Iowa currently has a student body that is some 40% out-of-state students paying full fare.
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