Full text: A study of student loans and their relation to higher educational finance

CHAPTER II 
SOURCES OF EDUCATIONAL INCOME 
Three Sources 11 
The sources of higher educational income may be grouped under 
three heads: 
1. Endowments and gifts, or the Philanthropie sources. 
2. Appropriations by cities, States, and the national government (the 
last named would include land grants). 
3. Fees and tuition paid by students, or “income from students’ fees 
for tuition and other educational sources.” 11 12 
The public as well as the private institutions receive an income from 
Philanthropie sources and both receive state funds and federal aid. As 
may be noted in Table 1, public institutions receive 'by far the largest 
TABLE 1 
INCOME FOR HIGHER EDUCATION—1921-22 
Private 
Institutions 1 
Per Cent, 
of 
Total 
Public 
Institutions 2 
Per Cent, 
of 
Total 
Both 
Per Cent, 
of 
Total 
Total 
$186,006,242 
100 
$133,747,023 
100 
$319,753,265 
100 
Sources 
Students’ Fees... 
50,602,128 
27 
13,694,084 
10 
64,296,212 
20 
Public Sources 8 .. 
4,691,421 
03 
89,092,662 
67 
93,784,083 
29 
Philanthropy 
73,862,731 
40 
3,538,025 
03 
77,400,756 
24 
Other Sources... 
13,932,098 
07 
13,607,847 
10 
27,539,945 
09 
Income from prop- 
erty and produc- 
tive funds*.... 
42,917,864 
23 
13,814,405 
10 
56,732,269 
18 
1 Statistics of Universities, Colleges and Professional Schools (1921-22), U. S. Bureau of 
Education Bulletin, 1924, No. 20, p. 37. 
2 Statistics of State Universities and State Colleges (1921-22), U. S. Bureau of Education 
Bulletin, 1923, No. 49, p. 15. 
3 Including city, state, and federal appropriations. 
4 Figured on a basis of 4%. 
amount of state and national appropriations for higher education, although 
private institutions are still the recipients of public funds. Some States 
find it more advantageous to assist private institutions than to establish a 
11 This study is primarily concerned with the last named, but in order to give the third 
source its proper place and examine it in its broader aspects, it is necessary to study it not by 
itself, but as a part of the wkole scheme of higher educational finance. 
12 Used by the U. S. Bureau of Education to designate this source of income.
	        
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