Newspapers / Crossroads (Belmont, N.C.) / Jan. 1, 1972, edition 1 / Page 4
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Page 4 - CROSSROADS - January, 1972 Colleges Report Financial Crisis The AAC report found that 316 out of 507 private institutions had operating deficits in the 1970-71 fiscal year. This compares to 308 out of 531 colleges and universities surveyed in 1969-70, and 223 out of 531 institutions in 1968-69. William W. Jellema of the AAC staff and author of the report said the deficits of the 316 colleges and universities ranged from $2^000 to $4 million. Jellema said that 210 colleges and universities could be on the verge of extinction in less than a year, including one third of those in the geographical center of the country. He predicted that colleges enrolling 1,000 students or less - particularly those below 500 - will be the hardest hit. His report states that even if the colleges continue to run deficits no larger than they anticipated this last fiscal year, 50 percent of all private accredited four-year institutions - including 72 percent of those enrolling 500 students or less - as well as 45 percent of those offering the master’s degree in no more than three fields could be “out of business’ in ten years. Suffering the same fate, he said, would be 37 percent of those offering the master’s degree in four or more fields, and 48 percent of all private institutions granting the Ph.D. (Higher Education and National Affairs, Vol. XX, No. 35, September 24, 1971). Look At This Picture ATTENTION PRIVATE COLLEGES: The following is from a memorandum to the Board of Trustees of Kalamazoo College (Mich.) by the chairman, Richard U. Light, M.D. “Look at this picture: In June 1968 the average institution in one-third of the geographical regions of the U.S. ended the fiscal year with a deficit. In June 1969, the average institution in two-thirds of the regions ended the year with a deficit. And in June 1970 the average institution in all regions ended with a deficit. (Kalamazoo College joined the club that year, with an unexpected deficit of $79,000). ’’ (AGB NOTES. Vol. 2, No. 6, July - August, 1971) State Funds Appropriated To Encourage And Assist Private Institutions To Continue To Educate North Carolina Students. In recognition that private institutions of higher education in the state are educating approximately 25,000 North Carolinians each year; that if these 25,000 students were all enrolled at public institutions rather than at private institutions, the cost to the State in operating expenses alone would be approximately $1,691 a year for each student at a senior institution and approximately $890 for each student at a community college; that the private institutions have found it increasingly difficult to meet operating expenses; and that it is in the interest of the State that the private institutions continue to educate at least as many North Carolinians as they presently enroll, and, if possible, a larger number, the 1971 General Assembly enacted legislation designed to encourage and assist the private colleges to continue to educate North Carolina students. One act provides that a fixed sum of money may be appropriated for the private institutions for each North Carolina student enrolled as of October 1 of any year. The amount of money would be determined by appropriations made by the General Assembly. To be eligible for the funds an institution would have to agree through contractual arrangements made with the State Board of Higher Education that during any fiscal year in which the institution receives State funds it will provide and adminster scholarship funds for needy North Carolina students in an amount at least equal to the amount paid to the institution by the State. Funds to a qualifying institution would be disbursed by the State Department of Administration upon recommendation of the State Board of Higher Education. To encourage and assist private institutions to educate additional North Carolinians, the new legislation provides that a fixed sum of money may be paid each private institution for each North Carolina student enrolled over and above the number enrolled in the institution as of October 1, 1970, the base date for calculation. Payments would be disbursed by the State Department of Administration upon recommendation of the State Board of Highei Education. The State Board of Higher Education is authorized to prescribe the form of contracts to be executed with the private institutions; to require the institutions to make such reports, statements, and audits as the Board may deem necessary; and to make any rules or regulations which in the opinion of the Board will help to achieve the purposes of the legislation. The General Assembly implemented this general legislation for private colleges by approximately $575,000. (This appropriation was calculated on the basis of $25 per student enrolled.) This amount will be used to award private in stitutions a fixed sum for each North Carolina resident enrolled as a student as of Octob^ 1, 1972. Also appropriated was $450,000 for 1972-73 to be used for payments to private institutions for each North Carolina student enrolled beyond the number enrolled in fall 1970. (Higher Education in North Carolina, Vol. VI, No. 7, August 24, 1971.) PASS-FAIL GRADING Reportedly, two-thirds of U.S. tcolleges and universities are using some form of pass-fail grading. (The School Law Newsletter, Vol. 2, No. 2, September, 1971). From The Athletic Department At the joint meeting of the American College of Sports Medicine and the Canadian Association of Sports Sciences held in Toronto, Dr. Bill Williams was one of 22 Ph.D.’s and M.D.’s from Australia. Canada, and the United States, advanced to the status of Fellow. Dr. Williams has authored scientific papers and presented talks dealing with Sports Medicine at state and national meetings. Ted Crunkleton, Abbey baseball coach, was appointed a member of the NCAA Baseball Olympic Committee for this year. The Belmont Abbey College Department of Athletics began cross-country competition this year and came away a winner of its first meet. Belmont Abbey College begins its intercollegiate swimming against teams such as Clemson University, Wake Forest University, Emory University, and Davidson College. Look for a good year! N.Y. Qiapter Elects YQ f>. Officers Members of the New York Metropolitan Chapter of the Belmont Abbey College Alumni Association have elected chapter officers. They are: PRESIDENT - James Lytle ’62; 67-19 184th Street; Fresh Meadows, New York 11365; 212 - 969 - 0138 VICE PRESIDENT - William Ficke ’68; 449 W. Hudson Street; Long Beach, New York 11561. SECRETARY - Richard Zittel ’67; 508 A Bloomfield Avenue; Caldwell, New Jersey O7DO0T 2O1 - 228 - 3874. TREASURER - John J. McGuinness ’64; 9425 Shore Road; Brooklyn, New York 11209; 212 -661 - 7726 (business) The New York Chapter is an active chapter which includes Long Island, the five boroughs of New York City, Westchester and Rockland counties, and the counties of New Jersey north of and including .. Essex County, New Jersey. Alumni in this area should contact Richard Zittel, Secretary. iiiiiiiiiiiiiiiiiiiimiMMiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii “Just as tall trees are known by their shadows, so are good men known by their enemies.” OLD CHINESE PROVERB iMiiiiiiiiiiiiiiiiimiiiiiiiiiiiiimiiiiiiiiiiiiiiiiiimiiiiiii Alumni News BY MARY COOK ’18 ~ Monsignor Charles A. Klauder, the oldest active Catholic pastor in the Diocese of Buffalo, N.Y. and possibly in the United States, has announced that he will retire early next year. He was honored at a Communion breakfast in Klauder Hall on December 12, in celebration of his 91st birthday. ’22 - Clarence Lundy and his wife Eleanor visited the Abbey for the first time since 1922. Mr. Lundy, who was graduated from Georgia Tech, is Please Turn To Page 9, Col. 1
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