Word: tuition
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Dates: during 1960-1969
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...looking for dull reading, Dean Ford's annual Faculty budget report is usually a good bet. Although the budget plays a big role in deciding such vital matters as tuition hikes and course offerings, few undergraduates ever see it. Fewer still would read it if they could see it full of mind-numbing statistics and confusing classifications, the report is rough going for students who aren't skilled in bookkeeping...
...University phrasemakers), the Faculty of Arts and Sciences, like each other department of the University, must balance its own budget. It may borrow from the University if it runs short one year, but whatever it borrows it must pay back. Long-term expenses, therefore, must be offset by tuition increases for each individual Faculty in order to keep the bottoms under the tubs...
...ease year-to-year shortages. If the deficit exceeds the relatively meager limits of the departmental balance, however, Dean Ford will probably ask the Corporation treasurer for a loan. Presumably, if the deficits continued, the Faculty would have to decide either to trim its costs or raise its tuition...
Gunness said that he expects the number of scholarship applications to rise because of the tuition increase. He added that he hoped that the budget of the College will be able to accommodate this rise in scholarship applicants...
...Since tuition, private gifts and endowment income fail to balance their budgets, U.S. universities increasingly tend to rely on the Federal Government for financial salvation. The current congressional economy drive, which has sharply limited federal support for academic research, has thus created a situation that university officials variously describe as "serious," "desperate" and even "disastrous...