Word: renting
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Dates: during 1950-1959
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...Corporation has voted undisclosed sums of money to each House to permit the elimination of the room rent adjustment system, Dean Bundy said yesterday...
Dean Bundy called the present rent adjustment system "unhealthy," and indicated that the system was unworthy due to the "complexity of the collection system." Beginning this Fall, no student will be required to pay contributions into the adjustment system...
Masters of the House will apply the corporation's funds as credits on the rents of financially less able students, much the same as under the previous system. "The new plan may provide slightly less flexibility, but it maintains the main objectives as the former rent adjustment system," Charles H. Taylor, Master of Kirkland House, commented last night...
John J. Conway, Master of Leverett House, indicated, that the "increase in general costs" brought about the new system, while Gordon V. Fair, Master of Dunster House, deemed the new plan "within the normal rules and regulations of the College--something which the rent adjustment system...
Each House will receive a slightly different amount under the new plan. The Masters maintained that the sums would be "adequate" to continue rent subsidies for some students, and did not indicate that the adjustment program would be cut down...