Word: deficit
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...immediate needs of the school are a building and a larger teaching staff; the former calling for an immediate outlay, the latter for an endowment of no mean proportions. Taking into consideration the University's present high cost of operation, with its resulting annual deficit, the problem becomes extremely difficult, especially in view of the still uncompleted Endowment Fund drive. It would seem, however, that a drive for funds for the Business School would make a particular appeal to men not graduates of the college, who themselves, have a vital interest in the development of business efficiency. The training given...
President Lowell of Harvard University appears to have been driven by the increase in the university deficit for the year 1919-1920, which he expects will be doubled during the present university year, to the consideration of an increased tuition fee. The argument leading up to this conclusion is the familiar one of the higher cost of everything which enters into the manufacture of an educated young man, and the assumed inability of the trustees to increase the endowment of the university to a point where old value standards can be maintained...
...institution twice as much to educate a student as the student pays for the instruction. Thus far the Yale Alumni Fund Association, which is the product of the enthusiasm of General W. W. Skiddy of the Class of 1865 S., has been able to make up the annual deficit, and, so far as we know, there is no indisposition on the part of the graduates to keep on attending to the job. On the contrary, there is a profound conviction among Yale men that they should continue to discharge this responsibility uncomplainingly out of love for their alma mater...
...appointment of a committee of sixty-two graduates to assist in solving the financial problems of the University is a practical decision. The announcement in President Lowell's report of a "staggering deficit" has apparently struck home and the call is being answered by properly qualified men. As President Lowell pointed out, the responsibility of financial management connot rest with the faculty. Their task is to carry on the mechanical work of education itself. Cooperating with them must be a force of business men to take care of the business questions that are continually arising...
That Yale has a deficit to confront similar to Harvard's is apparent, and its solution has been facilitated by an already established Alumni fund. Harvard alumni have realized that occasional concentrated efforts, such as the Endowment Fund, are not sufficient. Some permanent organization is needed which shall at all times be at the service of the University. Besides helping to devise methods of keeping the college in funds, the new committee will serve as an additional means of furthering alumni interest in Harvard affairs...