80 
A Study of Student Loans and 
including his transportation to and from the Institution from central 
points. Items should be provided for liberally, giving as at present a low, 
average, and high estimate. The low can be the lowest, the high the 
highest that can be found, and the average should be liberal. 42 Let the 
estimate be itemized more in detail and no probable expenditure omitted. 
The student or his parents can then budget, making provision for all 
necessary items and omitting those that the Student feels he can do without. 
It would be even better to divide these estimates into necessary and 
optional items. The latter should be included so that the student may 
know what he may possibly be called upon to spend due to his new 
environment. He can then make his decision approximately as to what 
he will or will not spend. He will then be prepared to govern himself 
accordingly. His choice will have been made ahead of time and if he 
departs from it, it is hoped he will realize that something eise upon 
which he had definitely planned will have to be omitted in the future. 
The following is a fair sample of expenditures as now estimated by 
various institutions: (see Tables 10, 11, and 12.) 
42 Not necessarily an arithmetical average. 
TABLE 10 
COMPARATIVE COSTS OF EDUCATIONAL SERVICES 
AND OTHER EXPENSES—(1924-25) 
Private Institutions 
Institution 
Educational 
Services 1 
Eiving 
Expenses 2 
Total 
Average 
$294 
$597 
$908 
Columbia Univ 
350 
990 
1,340 
Chicago Univ 
245 
680 
925 
Lehigh Univ 
350 
600 
950 
Notre Dame 
275 
525 
800 
Northwestern Univ 
250 
500 
750 
Univ. of Penn 
305 
435 
840 
Univ. of Pittsburgh 
212.50 
576 
788.50 
Princeton Univ 
380 
600 
980 
Stanford Univ 
335 
645 
980 
Syracuse Univ 
260 
400 
660 
Western Reserve Univ 
500 
714 
Yale Univ 
615 
965 
1 Educational Services include tuition, registration fees, etc., and books. 
2 Eiving Expenses, exclusive of clothing and amusements.