1 ' \ ' ; 
A Study of Student Loans 
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E. An attempt should be made to allocate costs of higher education 
to the various sources of revenue in proportion to the benefits 
which institutions of higher learning have to offer to the indi- 
viduals, groups, and organizations front which the revenues are 
derived. 
4. The Allocation of Costs 
A. The allocation to society, the philanthropist, and the individual who 
is the recipient of the educational benefits. 
B. The allocation within the Institution among the various schools, 
faculties, classes, and individuals attending; these costs to be 
allocated proportionately with the purposes which such education 
serves. 
5. Assumed Results Under Cost Allocation As Above 
A. It would place higher education on a sounder financial basis by 
balancing costs of certain educational efforts against specific 
sources of income. This would enable those seeking funds public 
and private, to give specific reasons for asking for financial Sup 
port and to point to definite benefits which such a support would 
produce. 
B. The financial program of higher education should be such as to 
enable it to receive support commensurate with its importance. 
C. If business methods were used in the handling of educational funds 
and the support of higher education were sought on a definite 
basis of what it produces, the necessary funds would be obtainable. 
D. Proper cost allocation would advance the educational aims of insti 
tutions by making larger funds available for the carrying on of 
educational projects, and thereby hasten their realization. 
E. Such cost allocation would mean higher tuition fees, which present 
a perplexing but not insurmountable problem. Well administered 
Student finance would furnish one way to meet these new demands. 
6. The Amount of Money Loaned to a Student Should Depend Upon: 
A. The individual. 
B. The type of education desired. 
C. The institution and its reputation for turning out high grade men. 
D. The known opportunities which present themselves to each group 
of students after graduation according to type of training. 
E. The extent to which the training will increase the student’s earn- 
ing capacity.