UNIVERSITIES
(See Cover)
Nothing is quite so perennially promising in its greenery, so seemingly carefree in its end-of-the-year exuberance, so timelessly secure in its traditional commencement ceremonies as a college campus in June. Last week, as alumni gathered on campuses across the nation for reunions and beaming parents strolled shaded walks with newly graduated sons, proud leaders of academe pointed to glistening new science buildings and plushly modern dormitories, talked glowingly of new plans, programs, projects. But this appearance of comfortable affluence is largely deceptive. Behind the impressive fagades of most private universities and colleges there is a deep...
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