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

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Monograph

Identifikator:: 1028402236

URN:: urn:nbn:de:zbw-retromon-41825

Document type:: Monograph

Author:: Chassee, Leo Jeannot

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

Place of publication:: New York

Publisher:: Harmon Foundation, Inc.

Year of publication:: 1925

Scope:: 1 Online-Ressource (170 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter II. Sources of educational income

Collection:: Economics Books

A Study of Student Loans 23 state Institution of higher learning. It is interesting to note that in 1921-22 (the year which Table 1 represents), public institutions received over three tnillion dollars from Philanthropie sources and private insti tutions received over four million dollars from public sources. As may be expected, the fees and tuition from students in the public institutions con- stitute a much smaller percentage of the income in proportion to cost than they do in the private institutions. This is also true of the actual total sum. Besides the three major current sources of income for higher educa- tion (as shown in Table 1), there is the fourth which is classed as “all other sources.” This includes any miscellaneous income not already included. With the proper information it would be possible to divide this item between Philanthropie and public sources. There is in addition to the income from students’ fees, public sources, philanthropy, and “other sources”, the income received from property and productive funds in which the Institution has invested, as shown in Table 1. This does not include the value of the property and equipment which the institutions use, as shown in Table 2. TABLE 2 VALUE OF PROPERTY IN UNIVERSITIES, COLLEGES AND PROFESSIONAL SCHOOLS IN THE UNITED STATES—1921-22 Per Cent. Public of Per Cent. Private of Per Cent of Institutions 1 Total Institutions 1 Total Both Total Total $345,360,183 100 $1,072,946,619 100 $1,418,306,802 100 Value of libraries, scientific appara- tus, machinery, and furniture.... 62,806,414 18 78,093,992 07 140,900,406 10 Value of grounds.. 46,371,534 13 100,482,239 09 146,853,773 10 Value of buildings excluding dormi- tories 160,832,813 47 270,506,358 25 431,339,171 31 Productive funds.. 75,349,422 22 623,864,030 59 699,213,452 49 1 Statistics of Universities, Colleges, and Professional Schools, (1921-22), U. S. Bureau of Education Bulletin, 1924, No. 20, pp. 31 and 36. Property Values of Institutions of Higher Education Many of the gifts and appropriations which have been made in the past have been invested in or given in the form of property that has increased in value. This has brought about an enormous advance in the assets of higher education, so that in 1921-22 the various institutions pos- sessed property valued at nearly a billion and a half dollars. This is, no

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