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Financial Crisis Threatens Small and Large U S Colleges
University of Pennsylvania president Martin Meyerson warns the financial crisis will hit public schools hardest. He cites a predicted 1.1 billion gap between income and expenditures by 1980, rising costs, state competition, restricted gifts, and tuition dependence. He proposes expanded government insured student loans to stabilize higher education nationwide.
MENTIONED IN THIS ARTICLE
New York
Martin Meyerson
Meyerson
University of Pennsylvania
Carnegie Commission On Higher Education