Education: Do-lt-Yourself Endowment

From Harvard to Holyoke, Massachusetts cherishes rich colleges with independent incomes—and barely gives an allowance to its own virtually unendowed University of Massachusetts in Amherst. No one feels this more keenly than Massachusetts' able President Jean Paul Mather, who will quit this spring in protest against low faculty pay (TIME, Aug. 31). Last week Mather's 5,200 students offered another kind of protest to the penny-pinching state legislature. To import sorely needed "cosmopolitan contacts," Senior Winthrop F. Sheerin, 25, of West Stockbridge, Mass., proposed that a "distinguished visitors' " chair be endowed by...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!