gMBER 2, 1958 THE MICHIGAN DAILY ASED EXPENSES: of essor Predicts College Cost Rise Network To Inaugurate National College Course Paying for a college education in' the future may become a 60-year job involving both the student and the family according to Prof. Seymour Harris, chairman of Har- vard University's economics de- partment. Based on the findings in a study on the econ9mics of higher educa- tion financed by the Ford Founda- tion, Prof. Harris said increasing college costs in the next decade will force new methods of financ- ~ng. These methods will be through pre-college savings and post-col- lege credit, the professor com- mented. He urged parents of pre- college children to start saving now. Prof. Harris predicted higher education costs would treble to- day's $3,000,000,000 in ten years and might well reach $11,000,000,- O00. Other estimates predict only a doubling of costs as college enrollments jump from 3,000,000 to more than 6,000,000 students. More than $5,000,000,000 of the total costs would be represented by faculty salaries, the professor said. Various reports have noted salaries must be doubled in 10 years, because college professors have lost at least 50 per cent of their economic status in a genera- tion, compared to the average American. To provide the money for the doubling of salaries, Prof. Harris said faculty members would have to permit the ratio of pupils to teachers to be increased from 10 to one to about 15 to one. Colleges would have to go on a 44-hour week instead of a 20-hour week,, and they would have to eliminate many courses or give them in alternate terms. Sharp tuition increases would also be necessary, the educator said. The professor does not believe the cost problem will be burden- some, because it would be spread over the lifetime of the prospective student, and he could pay a large. part of it out of his increased earnings. The per capita income at stable prices doubles every 25 to 30 'years, Prof. Harris explained. Moreover, a college graduate can expect to earn $250,000 more than a non-graduate, he said. If a student has to borrow $1,000 a year for four years, the cost would be from less than one per cent to less than two per cent of his after graduate income. In addi- tion, the payments would be -de- ductible for income tax purposes, Prof. Harris said. The first coast-to-coast televi- sion network program offering a college course-atomic physics- and college credits will begin Oct. 6. The National Broadcasting Com- pany will carry the half-hour pro- gram sponsored by the American Association of Colleges affiliated with the American Association of Colleges for Teacher Education on its network five mornings a week. The program will be designed primarily for high school teachers, but college seniors and graduates will be eligible. Edward C. Pome- roy, executive secretary of the association, described the plan as a "vast, comprehensive effort the like of which American education hasn't seen before." Harvey E. White, vice-chairman of the physics department at the University of California will con- duct the classes. Pomeroy said the Ford Founda- tion and the Fund for the Ad- vancement of Education had put up $612,000 to help finance the experiment. He said four large corporations had contributed an additional $350,000. Endowment is expected to reach $1,200,000 by the time the program goes on the air. Pomeroy said regional confer- ences were planned to explain the program to college officials. Persons who wish to take the course for credit will enroll in a member college or university and will re o prtohttat ETAOIN will report to that institution to take scheduled examinations. The fees and exact credits will be established by the individual insti- tutions. ..'f. : N .~ , r 1rt " { ci 2+' U^"'r I '/4 rv. II SENIORS February-June-August Grads Ye Al ome! Welcome to Washtenaw Lawn Party in honor of Delta Gamma Sorority GRADUATION PICTURE APPO INTMENTS Must be made IMMEDIATELY Student Publications Bldg. 420 Maynard Sunday Afternoon, September 21 Tau Delta Phi 9-Piece Band 2-5 o'clock 2015 Washtenaw Outdoor Dance Floor ;i t %a ; ;.s: 4 l1: is ': it: y : :. Mti t,., j3 :': i i Alligator All-Weather Coats $12.95 to $29.95 Caps and Rain Hats $1.95 to $3.95 TICE &WREN CbItei 4ot i 1107 SOUTH UNIVERSITY -Across from Ann Arbor Bank Refreshments Monday-Friday 1-5 P.M. I Party Sponsored by Lambda Chi Alpha-Tau Delta Phi 'yti 4« : Z':" $<: '. 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