Education: Good & Bad Times

Upon the desk of many a gloomy university budgetmaker John Price Jones Corp., fund raisers, last week placed a surprising document. It was a study of gifts and bequests to a sample group of 49 U. S. universities, which in 17 years have received all told $770,913,560. The surprise lay in the fact that these universities as a group had received almost as much from philanthropists after Depression as before it. Their receipts each year from 1920 to 1929 averaged $45,573,000, each year since 1929, $45,095,000.

But beyond indicating that the sources...

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