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  learning
  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.