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

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter II. Sources of educational income

Collection:: Economics Books

32 A Study of Student Loans and financial returns on their education for a very short period and when they marry will give the benefits of such an education to society in the rearing of children. An examination of Tables 3 and 3A together with Charts 1 and 1A reveals what has been happening in the matter of fees and tuitions in public institutions, and substantiates what has been said. It must be observed, however, that the figures for 1924-25 present some evidence of the fact that after 1920-21 an effort was made in certain institutions to right matters and place tuition and fees on a more just basis. In this year (1924-25) the absolute figures change the former order considerably. Arranged according to decreasing cost to students in state institutions, they are as follows: Resident Non-Resident Departments 1900-01 1924-25 1900-01 1924-25 Dentistry $78 $171 $81 $223 Medicine 79 134 83 181 Pharmacy 35 69 43 121 Law 51 74 53 111 Engineering 30 54 53 93 Arts and Science 16 44 27 85 In view of the data in Tables 3 and 3A and the above Order of charges it is evident that an attempt is being made to fix charges in the various departments in proportion to benefits to the individuals and society, and, no doubt, in some institutions a proper ratio in this matter has been reached. Other institutions, however, are still far from attaining any- thing like a scientific ratio in the imposing of fees and tuitions. The facts that have been set forth help to show that tuition and fees within state institutions are not yet fully in harmony with the benefits received by the individual and society. In fact, if we are to judge from averages and take all public institutions into consideration collectively, the Situation is relatively the same. The distribution within the institu tions, however, seems to be worse. Many institutions have been moving toward a flat rate, while others are trying to ad just costs to the economic value of the education. Therefore, we find the various institutions moving in opposite directions. Present Schedule of Fees and Tuition A more detailed view of the Situation now shows that the distribution of fees and tuition in the various state institutions is irregulär and in most cases without regard to value which the training has to the individual in an economic sense. Table 4, which is made up of the data gathered by members of the Western Association of University and College Business Officers, shows the Situation in the Western institutions as of June. 1925.

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