40
A Study of Student Loans and
TABLE 6
COMPARATIVE FEE SCHEDULE OF PRIVATE
INSTITUTIONS—1924-2S 1
Institutions
Arts and
Science
Faw
Medicine
Engineering
Matricula
Graduate tion Fee
■ Graduation
Fee
Average
$247
$213
$274
$282
$127
$7
$12
Brown Univ
300
300
300
10
Carnegie Ins. of Tech.
300
180
5
Chicago Univ
225
225
240
300
300
10
Columbia Univ
300
300
300
300
300
12
20
Harvard Univ
300
250
300
300
300
20
Lehigh Univ
300
300
5
10
Univ. of Penn
275
275
325
325
200
5
20
U. of Pittsburgh
212
212
312
212
Princeton Univ
350
100
5
12
Stanford Univ
225
195
255
150
5
Syracuse Univ
225
225
275
275
100
5
10
Yale Univ
300
300
20
1 Compiled from the
announcements of
the various institutions.
The other interesting features which Table 6 discloses are that
tuition and fees are on a flat basis, or nearly so, in most institutions,
and that charges in the Graduate Schools are much lower than in the other
schools with the exception of Brown, Chicago, Columbia and Harvard
Universities. The figures for Arts and Science are at a relatively high
level in practically all institutions, which would indicate that the charges
for these courses are as much as for Law, Medicine, and Engineering,
except where a difference is caused by large laboratory fees. It is fair
to conclude that charges are neither apporticmed in accordance to educational
costs nor the economic value of the training to the individual.
The Cost of Education to the Student
There has been much said about the rising cost of education to the
Student, but, as was pointed out above, the purely educational item in
the student’s budget has not risen proportionately with the other items,
such as clothing, amusements, and future earning capacity. It is of little
use to examine absolute figures in this manner. The rise in fees and tuition
must be compared with the rise in other things that enter into the
cost of education. The major factors in the cost of education from the
student’s standpoint are tuition and fees, and cost of living. From the
