Word: reck
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Dates: during 1940-1949
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...boom" had other educators worried last week, but for a different reason: they were afraid it meant bankruptcy for their colleges. In School and Society, Colgate's P.R.O., W. Emerson Reck, reported the odd plight of U.S. colleges which are going into the red because they have too many customers...
Explained Reck: since tuition fees cover only half the cost of a student's education, every extra student means that the colleges must dig deeper into their endowment income to make up the difference. With expenses soaring and the interest rate slumping, the difference is getting wider & wider...
Many hard-pressed colleges have raised their tuitions, and more will soon follow suit. But if tuitions get much higher, Reck warns, middle-class Americans will not be able to meet them. Possible ways out for the colleges: more generous gifts from old grads; federal subsidies with no strings attached...
Then never of Waweig or Chamcook I'll think. Having you in my arms We'll reck not of Digdeguash beauties, We'll care not for Pocologan's charms. But as emblems of union forever Upon two fair rivers we'll look, While you'll be the Skoodawabskookis, I'll be the Skoodawabskook...