Word: deficit
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Dates: during 1910-1919
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...originally designed to accommodate a large number of men and contains quarters, classrooms and drafting rooms sufficient for the use of 150 students. Because of war conditions and the large expense involved in running the camp it was decided that it would be unwise to add such a large deficit to the University's treasury. The summer work, was also abandoned last year because of the war for the first time in 25 years, but the authorities expect that it will be resumed after the war, when conditions have changed sufficiently to justify its maintenance...
...Wesleyan Deficit...
Secretary Warren F. Sheldon of the alumni council of Wesleyan University, estimates that the college deficit this year, due to war conditions, will be from $30,000 to $35,000, in a total annual budget of about $200,000. A large freshman class has kept the deficit from being considerably larger than it otherwise would have been. The college finances have, however, decreased about 40 percent in the three upper classes. Some of the surplus funds accumulated in recent years will be used this year to make up the deficit, and Secretary Sheldon anticipates that the rest will be received...
What sort of measures can best be undertaken is not easily decided. Each institution, knowing its own position, must devise the emergency action best suited to that particular situation. Princeton, for instance, will pay off part of its deficit by gifts from alumni, while Pennsylvania and Rutgers are considering co-education. Whereas one university is helped by the kindness of graduates to make good the loss, the other two plan to eliminate the cause by increasing enrolments. Like all plans, this must first be tried before its success can be determined. Radical curtailment of expenses, if that is possible...
...spite of savings of about $200,000 through smaller faculty salary lists, Yale this year will have a deficit of more than a quarter of a million dollars. The exact estimate of a loss of $258,866 does not include new gifts which may be made during the year, especially from the Alumni Fund...