It is the "State" university system.  Would you have Alaska to be the only State in the U.S.  without a state university (you probably would)?  Of note, the university in Fairbanks began as the College of Mines in the 1920s, and became the university long before Statehood.  With the clown show in Juneau, I'm thinking that we'd be better off going back to being a Territory and dumping the legislators.  As least the university flourished back then without the Kellys, Coghills, MacKinnons, and Dunleavys.