Office of Development Makes Changes to Keep Tuition Low Recruitment
Office of Development makes changes to keep tuition low by Sylvia V. Long The Office of Development has the 1977-78 fiscal year income contacting large businesses and increased its activity and its from gifts, grants and the en corporations across the country, revenue since being criticized by dowment reached $770 per as well as in the Fox Valley area. the Long-Range Planning Task student over the $429 of the President Smith claims to spend Force in May 1977 for main proceeding year. Wrolstad hopes 40 percent of his time raising taining a level of current that endowment and gift incomes funds for development. Faculty development income per student can reach 32 percent of total far below average among operating costs within the next selective colleges. few years. This would bring Endowment Increases in development Lawrence up to par with com per income can mean keeping tuition parable selective colleges. ACM Tuition for Student rates constant despite inflation Expanded efforts School ’78-’79 ’75-76 and continuous increases in Meader explained that the (Latest figures available) operational costs. Since last year, development office has been Beloit 4,200 9,634 when Lawrence’s tuition became expanding its solicitation efforts Carleton 3,992 23,970 the highest in the ACM, holding and has enlisted the support of Coe 3,300 10,033 down student fees has been a administrators, students, faculty Colorado 3.600 12,000 major concern of administrators and trustees. More students Cornell 3,580 13,623 Having a deficit will not weaken the institution, Grinnell 4,280 17,000 Knox but will enable Lawrence to gradually scale down 4,280 16,000 Lake Forest 4,265 3,000 expenditures without making abrupt and serious Lawrence 4,350 18,000 cutbacks in staff and programming.
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