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Public flagship universities are often the most selective, rigorous, and well-resourced public schools in each state, and their important status and name recognition play an important role in raising the college-going aspirations of state residents. Flagships are well-positioned to promote social and economic mobility. However, increasingly high costs of attendance, declining state investment, and inadequate and poorly-targeted financial aid policies mean that too few low-income students have meaningful access to these elite institutions.