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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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter II. Sources of educational income

Collection:: Economics Books

38 A Study of Student Loans and TABLE 5 AVERAGE FIXED CHARGES IN PRIVATELY ENDOWED INSTITUTIONS, UNITED STATES 1900-25 1 Charges Per Student for an Academic Year Increase Department 1900-01 1905-06 1911-12 1915-16 1920-21 1921-22 1924-25 (1900-25) Average $129 $136 $136 $149 $187 $216 $229 $100 Arts & Science 118 125 121 130 192 229 247 71 Law 2 104 114 112 141 179 205 213 109 Engineering 3 120 130 141 162 184 225 283 163 Medicine 171 181 176 189 194 235 276 105 Graduate 4 130 130 130 125 184 186 127 —3 1 Adapted from Thurber, Op. Cit., p. 58, with changes and brought up to date. 2 Johns Hopkins University not included. 3 Chicago University not included. 4 Vanderbilt University not included. Harvard, Columbia, Chicago, Deland-Stanford, Johns Hopkins, Vanderbilt, Cornell, and Bryn Mawr are included in Arts and Science and Graduate figures. The Order here is somewhat better than in the case of public institutions. There is no reason to believe, however, that it is a calculated result. It is more reasonable to believe that endowments for some branches of learn- ing have not been forthcoming as abundantly as they have for others. This is undoubtedly true in some cases and is an unfortunate Situation. The line-up is encouraging, however, and shows the advantage which private institutions have over public institutions. Due to the absence of state politics they are able to initiate sounder financial policies. If the years prior to 1924-25 are examined, it is found that the Order is constantly shifting and there is a tendency to conclude that charges in the different schools are not made on any basis of economic justice to the individual or to society as a whole. 24 It seems quite obvious that there has been no improvement in the apportioning of fees and tuitions within the institution, even in the private universities and Colleges. No trace of a definite policy involving economic justice can be found. Fees and Tuitions in Private Institutions in 1924-25 The present fee and tuition schedules in private institutions show more consistency than those in public institutions, as may be seen in Table 6. There is less difference among institutions and among the various schools within these institutions. There has evidently been an effort on the part of each institution to keep within the limits prescribed by other institutions. 24 Thurber, Op. Cit., p. 62.

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