Word: loans
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Dates: during 1950-1959
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First, he pointed out, the University supplies one-tenth of the money in an NDEA loan. Second, the University should not have to administer the disclaimer if it does not believe in it. Third, Harvard has a responsibility towards other colleges to oppose the disclaimer because of its virtually unique position of financial independence...
...cannot bring myself to the view," he said, "that institutions should withdraw from the loan program and not allow each applicant to decide the matter for himself...
...addition to the moral issue of depriving needy students of loan money, said the Secretary, it is difficult to assess the political effect of a given institution withdrawing from the program, for the action "might affect some people in a manner not intended...
When the N.D.E.A. was originally passed, Flemming noted, educators were not "up on their toes to the very last minute," and the loyalty provision applying to the loan program was allowed to "slip by unnoticed...
Last month, before President Pusey decided to freeze all Harvard N.D.E.A. loan money, pending a "fresh look" at policy, the University's position had agreed with Flemming...