Education: Money Talks

U.S. big business, foundations and the colleges continued to report a cheering ground swell of private aid to education:

¶The Methodist Board of Education announced that more than $28 million was donated to Methodist colleges during 1954, $11 million from foundations (e.g., Ford, Rockefeller), the rest from business concerns, church groups and individuals.

¶Du Pont will spend $800,000 on education in 1955-56: $75,000 will finance graduate study by high-school teachers of science and mathematics; the balance will go for advanced scientific training and research in more than 100 universities and colleges.

¶To promote study of international legal problems, the...

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!