Word: bok
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Dates: during 1970-1979
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...begin to wobble. With the great postwar baby boom petering out, the number of 18-year-olds in the U.S. population is about to decline sharply. The crop should peak at 4.3 million this year, then drop annually, falling a total of 25% by 1992. Notes Harvard President Derek Bok: "The institutions that closed in the past few years did so without the impact of the decline in enrollment. The decline will provide much more serious pressure on closings in the next generation...
Others agree that the financial pinch threatens the quality of college faculty. Current national studies show that faculty-student ratios have remained fairly constant at 15 to 1 in private colleges, but Harvard's Bok fears that continuing cutbacks in new faculty job openings will have a disastrous long-term effect. Says he: "We are threatened with the loss of a whole generation of able faculty members...
Putnam said that the issue was very unlikely to come up before President Bok returns from a three-week Florida vacation that began yesterday...
...Bok, who declined to comment last night, said last week that he doubted the Corporation will ever vote on changing the name, adding that he would prefer to see Kennedy School officials draw up a policy on gifts, instead of looking at such questions on an "ad hoc basis...
...Bok also said the University will try to counteract rising costs through its planned $250-million fund drive. In ten or 15 years, moreover, demographic trends indicate that the average family will have fewer children to send to college--a relief for those who want to send, their children to Harvard, Bok says...