Word: pers
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Dates: during 1950-1959
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...Smith, Smith, and Haines is sound-proofed and air-conditioned, with separate controls in each room. In addition to explosion-proof cold chambers, which can be kept as low as -22 degrees, there are rooms with temperature-humidity controls. These can be set anywhere from 130 degrees and 100 per cent humidity to 30 degrees and no humidity...
...addition, since Exeter derives more than a third of its income from a large endowment (higher per student than Harvard University's), experimentation with the curriculum offers minimum financial benefits. If Exeter increased its size and went onto a four-quarter schedule, it would actually lose money (per student), despite the increased economic efficiency. Although the loss would be a matter of less than $40,000, and could easily be covered by a nominal increase in tuition, the fact remains that, for Exeter, or any school or college with a substantial endowment, the financial gain of the revised curriculum...
...should be possible under this plan to graduate in three years, Case said, and the present enrollment of 250 should be increased by 50-60 per cent. But there is no sign that the full-year program originally envisioned will ever be used. When he announced the new program, Case said, "There seemed no way to make it [the four quarter proposal] acceptable, under present conditions, to students or faculty...
...like to have the youngsters here," he declared, but "beyond a certain point, we'd have to account for them to the visiting team." Since 45 per cent of the receipts go to the visitors, he continued, "we're not justified in giving out tickets to any additional groups...
...frequent mechanical check-ups, of hanger space and steep insurance rates--add up. The yearly Club membership fee is $45. Each hour in the air costs $7 in the Cessna 120, and $9.50 in the Luscombe 8F. Since all members are expected to fly a minimum of one hour per month during the seven hour per month during the seven month school year, the minimum annual cost of belonging totals almost $100. Flying additional hours adds to the cost, of course, but, because of the fixed membership fee, make each hour flown less expensive...