As the new school year began, most college administrators faced the same budget problems as last yearor worse. At Yale, they had a surprise instead. Whereas a year ago the university had thought it would end the 1971-72 year $5.7 million in the red, President Kingman Brewster Jr. reported that the actual deficit was only about $1,000,000. Although alumni gifts and cost cutting could account for a portion of the difference, there also must have been a fairly stunning miscalculation, and Brewster ordered an investigation to find out what went wrong.
A more relaxed...
To continue reading:
or
Log-In
