Word: campus
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Dates: during 1950-1959
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...place for students of all races and religions-"that some good may come to posterity from the harvest, poor though it may be, of our lives." Under the first headmaster, Nathaniel Batchelder, the good came quickly. He boosted enrollments from 67 to 320, built a $1,500,000 campus, saw his endowment grow to over $3,000,000, Over the years, Loomis began to get a goodly share of scions-the sons of John D. Rockefeller Jr., Lee Higginson, Gerard Swope and Arthur Hays Sulzberger...
Paper Prosperity. At first glance, says the commission, campus incomes might seem to indicate a glowing prosperity. Gifts from private sources have gone up from $22 million in 1930 to nearly $104 million in 1950. Federal grants have jumped from $15 to $195 million, and the endowment capital of private institutions (more than $2.1 billion) is now 75% greater than it was in 1930. All in all, the nation's accredited institutions are getting almost $1.7 billion a year-a princely $1.2 billion more than...
Actually, the chief culprit is not success but inflation. In the last ten years, building costs have jumped 100-200%, and the cost of operating a campus has just about tripled. In 1950, U.S. campuses were getting $572 in income per student, only $345 in 1940. But in terms of 1940 dollars, this really meant a drop of $20. Only some public universities and junior colleges have managed to hold their...
...opposite sides of San Francisco Bay, two teams of University of California researchers hold different theories about the cause of hardening of the arteries. On the east side, in the Berkeley campus' Donner Laboratory, Dr. John Gofman leans to the theory that giant cholesterol molecules are to blame (TIME, June 5, 1950). Now, from the University's School of Medicine on the west side, comes strong evidence to the contrary. Cholesterol, according to Drs. Henry D. Moon and James F. Rinehart, does not cause hardening of the arteries, and is not even much of a factor until...
Miss Margaret Clapp, president of Wellesley, issued the following statement yesterday concerning McCarran's report: "We know of us Communist unit on the campus . . . and we are satisfied that us member of the Wellesler faculty has used his classroom or his opportunity to know students for the purposes of indoctrinating Communist Party principles...