Word: campus
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Dates: during 1950-1959
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Standard Oil Co. (Indiana), which gave more than $350,000 in 1954, matches its scholarships with equal gifts to each campus. U.S. Steel last year gave $700,000 in unrestricted gifts with the hope that "the institutions find their own individual means of using a portion of each grant for faculty development and compensation." Since 1953 Bethlehem Steel has given $321,000 to the colleges-if privately endowed-of young employees who have completed the company's tough collegiate training program. The Columbia Broadcasting System is giving $32,000 to the alma maters of its own selected executives...
...number of public institutions with a "substantial" number of alumni, the company will provide 250 four-year scholarships each year, will add a $500 to $800 grant to each private college involved. The colleges and universities will pick their own students, but no one campus will get more than five scholarships in any one year...
...spite of Hutchins' brilliant-and often controversial-contributions to U.S. higher education, Chicago was suffering from some major aches when he left (to become associate director of the Ford Foundation). The campus was in danger of becoming an island in a sea of slums, and the whole area was plagued by one robbery and mugging after another. The university was also running in the red: except for a couple of years during World War II, it had not balanced its budget since 1938. Most ticklish problem of all was the fact that Hutchins' famed B.A. degree, given whenever...
...problems could be licked overnight. The university had borrowed so much from its capital endowment that it was $3,000,000 behind in its repayment. Kimpton ordered his deans to slash their budgets 5%. He reduced his own secretarial staff from 15 to five, uprooted telephones all over the campus. Though he refused to cut faculty salaries, he realized that "you can't do the kind of hatchet job we're doing without its costing you something." He was forced to drop some research projects, could not always replace retiring professors. But by last week he was able...
Ralph Wanger was sleeping in his room in Holman Hall on M.I.T.'s East Campus when he was awakened by a man in the next room. He jumped out of bed in time to see his trousers disappearing through the door. The trousers contained Wanger's wallet and 15 dollars. Wanger tackled the burglar on the stairs before he could escape and, joined by two other students, held him until police arrived...