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ERIC Number: ED052754
Record Type: Non-Journal
Publication Date: 1970-Nov-23
Pages: 6
Abstractor: N/A
Reference Count: N/A
Crisis and Reform at GWU; Money Squeeze Forces Change.
Wentworth, Eric
Though income from tuition has increased 40 percent since 1968, when George Washington University in Washington, D.C. was operating in the black, the University is now facing a financial crisis, because costs have risen even faster. Rapidly rising faculty salaries, a full spectrum of course offerings, and inflation have all contributed to the financial squeeze. To cope with the crisis, the University has stepped up its efforts to effectuate the Consortium of Universities of which 3 other Washington based universities are members, and which is supposed to let advanced undergraduates and graduate students take courses on any member campus. It is also drawing up a new campus budgeting system so that income-cost comparisons and cost-per-credit hour can be made and shown for each department. Faculty slots are not refilled, and low enrollment classes may be eliminated. The University is maintaining an ambitious building program and these costs keep increasing. Tuition will continue to go up for at least 3 years, until it reaches $2500; but this can't continue, according to the president, if the private universities are not to price themselves out of business. Help from the federal government is desperately needed. (AF)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: N/A