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

Their Relation to Higher Educational Finance 
37 
It is illuminating to examine conditions in some of the individual 
institutions as shown in Table 4. The University of Arkansas, for 
instance, asks no fees of resident students in Arts and Science, Engi 
neering, or Agriculture. Courses in Law and Medicine, on the other hand, 
are charged for, though these fees are but nominal. The charges are 
irregulär and no valid reason can be assigned for their imposition from a 
scientific standpoint. Political expediency and budget deficits, no doubt, 
are the causes of such a distribution of fees and tuition, and has coincided 
with wisdom in the case of Arts and Science. Another interesting case 
is the University of Wyoming with straight charges for residents and non- 
residents in all the different schools. As for the lack of distinction made 
between residents and non-residents in these institutions, it is not of con- 
cern here, for it is due more to political factors than to educational policies. 
The fact that charges are the same in all schools is worth noting for the 
present study, and with Wyoming must be included Wisconsin, Purdue, 
Missouri, and Washington (with the exception of charges in the Law 
School). The conclusion is self-evident. In many cases charges are not 
in proportion to economic benefits to the individual; in a few cases there 
seems to be a tendency to make adjustments in this respect, such as, for 
example, in Nebraska and Michigan, although even in these cases where 
the proportioning of charges between schools seems well-balanced, there 
is little upon which to found a belief that there is a proper balance of 
charges between the Student and the state. It should be added that in 
Arkansas, Colorado, Kentucky, and Wyoming there are extra fees for 
laboratorv courses. This, however, does not invalidate what has been 
set forth. 
Comparative Fees and Tuitions in Private Institutions 
The same general conditions are to be found in the private institu 
tions. In the relationship between the Student and the Corporation, the 
former is far from bearing his share of the expense. He does, however, 
bear a larger proportion than in the public institutions. This is inevitable, 
since private universities receive money from the state only in a few 
instances and the sums so received are small. It may be seen in Table 
5 that charges in the various schools in private institutions bear no relation 
to the economic value of the training. In 1924-25 the fees and tuition 
Were as followS : Increase 
Fixed Charges 
Since 1900- 
Engineering 
$283 
$71 
Medicine 
275 
109 
Arts & Science 
247 
163 
Law 
213 
105 
Graduate School 
127 
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