Word: quarterly
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Dates: during 1950-1959
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...Trustees. A committee of four faculty members and the treasurer of the school worked full-time during the summer of 1957. Their conclusion, that Exeter should not go on a full-year schedule, was supported by a rebuttal of some of the favorite arguments of supporters of the four-quarter proposal. Their report is, however, an extraordinarily persuasive statement of the appeal of a full-year program if applied somewhere more suited to it than Exeter...
Full-time use of the school plant is only the first advantage of the four-quarter program. This argument appeals especially to a business-minded board of trustees, but it represents a distinctly one-sided view...
...feature of the four-term year which particularly appealled to the Exeter group was its flexibility. Special plans of study for the gifted or the weak student could be easily achieved within the present schedule, but that such a feature would automatically accompany the four-quarter program was an argument for its adoption...
...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...
Bard College, in Annandale-in-Hudson, is free of many of the difficulties besetting Exeter. Working on a $13,000 grant from the Fund for the Advancement of Education, it initiated a pilot study to determine the practicality of a four-quarter program. The original announcement sounded like some sort of educator's daydream...