Word: cents
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Dates: during 1950-1959
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...University received $18.1 million from its endowment funds during the last fiscal year, Paul C. Cabot '21, Treasurer of the College, has reported to the Board of Overseers. This gain represents a 5.3 per cent return on the book value of the endowment, the highest in at least the past five years...
...this 30-year period, expenses have grown six-fold, from $11.6 million to $66 million. Thus, endowment funds today meet only 24 per cent of the University's costs, a smaller percentage than in previous years...
...countries such as India, Indonesia, and China, the increase in population has, in many case, lowered the standard of living more rapidly than technological improvements have raised it. To maintain the same standard of living with a three per cent annual population growth--a figure exceeded by many of these countries--twelve per cent of the national income should be invested. These countries, however, cannot afford both to raise living standards and feed millions of new citizens. At some point, the vicious circle of low investment, low living standards, and high birth rates must be broken...
This is Columbia's third tuition rise in the last five years. Even so, President Grayson Kirk noted that before the latest addition tuition had covered only 40.5 per cent of the cost of attendance...
...Frederick B. Bird '60, co-chairman of the PBH Drives Committee, this year's campaign is likely to be the most successful since 1950. Last fall, barely 1000 people signed up to donate blood, and little more than 800 actually gave. Bird estimates, however, that only about ten per cent of this year's registrants will fail to give...