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Dates: during 1960-1969
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Last summer 13 experts grappled with this prospect in a two-week symposium at Amherst College's Merrill Center for Economics in Southampton, N.Y. This month McGraw-Hill Book Co., sponsor of the meeting, published the results in a 304-page report (Financing Higher Education: 1960-70). Among the conclusions: 1) U.S. colleges will need 50% more teachers (450,000); 2) a full professor's salary must be doubled to an average $17,000. Key guesstimate: while U.S. higher education now spends $3.6 billion annually, by 1970 it will need at least $9.8 billion...

Author: /time Magazine | Title: Education: Surging into the '60s | 1/4/1960 | See Source »

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