Word: bucked
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Dates: during 1940-1949
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...Provost Buck's announcement last night should come as no real surprise to anybody who has kept himself informed of the University's financial theories and present status. The Corporation has followed a rare policy in insisting that all faculties balance their own budgets without help from other sections of the University, and on the two occasions in the past when a deficit existed in the Faculty of Arts and Sciences, drastic steps were taken: a ten percent expenses cut in 1940 and a tuition raise last year...
...Buck has stated that with a tuition rise, he will be able to channel all further gifts and endowments into new projects. At present, there are committees on scholarships and on advising working towards reports which should propose important changes in Harvard procedure. There is the matter of rents--with the additional money next year, there seems little reason for any rise in overall room rates. More money now should also be enough of a booster to prevent deterioration in instruction which has made a diploma from many colleges farcical since...
...balancing a budget determined by established educational policy is an immense one. Provost Buck has certainly done well to stay ahead of his competitors in the past three years, to keep his books balanced, to make what economies he could within the Faculty; he is correct in raising tuition now if failing to do so would hurt instruction. But he has assumed a very definite responsibility to make good on advising, on expanded scholarships, on reviving tutorial, and on drastically revising such College institutions as have fallen out of date in the last decade. He and the Faculty members involved...
...Committee vote was split 4 to 4 on the issue and the report presented the arguments of both sides: Walter B. Raushenbush '50 for the investigation, Chairman David L. McMurtrie '50 against it. Provost Buck will speak to the Council Monday night about the problem of price increases...
...Provost Buck has already said that the College will use scholarship funds for the tuition of the DP students...