Complex sentence: Clarion is an undergraduate literary arts journal published at Boston University since 1998, unique for continuing to publish despite a policy prohibiting any "student journal of opinion" from receiving university funding.
Split into simpler sentences: Clarion is an undergraduate literary arts journal published at Boston University since 1998. Despite the traditional campus problem of conserving a particular editorial identity, "Clarion" is unique for continuing to publish despite a university policy prohibiting any "student journal of opinion" from receiving university funding.