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

40 
A Study of Student Loans and 
TABLE 6 
COMPARATIVE FEE SCHEDULE OF PRIVATE 
INSTITUTIONS—1924-2S 1 
Institutions 
Arts and 
Science 
Faw 
Medicine 
Engi 
neering 
Matricula 
Graduate tion Fee 
■ Gradua 
tion Fee 
Average 
$247 
$213 
$274 
$282 
$127 
$7 
$12 
Brown Univ 
300 
300 
300 
10 
Carnegie Ins. of Tech. 
300 
180 
5 
Chicago Univ 
225 
225 
240 
300 
300 
10 
Columbia Univ 
300 
300 
300 
300 
300 
12 
20 
Harvard Univ 
300 
250 
300 
300 
300 
20 
Lehigh Univ 
300 
300 
5 
10 
Univ. of Penn 
275 
275 
325 
325 
200 
5 
20 
U. of Pittsburgh 
212 
212 
312 
212 
Princeton Univ 
350 
100 
5 
12 
Stanford Univ 
225 
195 
255 
150 
5 
Syracuse Univ 
225 
225 
275 
275 
100 
5 
10 
Yale Univ 
300 
300 
20 
1 Compiled from the 
announcements of 
the various institutions. 
The other interesting features which Table 6 discloses are that 
tuition and fees are on a flat basis, or nearly so, in most institutions, 
and that charges in the Graduate Schools are much lower than in the other 
schools with the exception of Brown, Chicago, Columbia and Harvard 
Universities. The figures for Arts and Science are at a relatively high 
level in practically all institutions, which would indicate that the charges 
for these courses are as much as for Law, Medicine, and Engineering, 
except where a difference is caused by large laboratory fees. It is fair 
to conclude that charges are neither apporticmed in accordance to educa- 
tional costs nor the economic value of the training to the individual. 
The Cost of Education to the Student 
There has been much said about the rising cost of education to the 
Student, but, as was pointed out above, the purely educational item in 
the student’s budget has not risen proportionately with the other items, 
such as clothing, amusements, and future earning capacity. It is of little 
use to examine absolute figures in this manner. The rise in fees and tui 
tion must be compared with the rise in other things that enter into the 
cost of education. The major factors in the cost of education from the 
student’s standpoint are tuition and fees, and cost of living. From the
	        
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