Cedarville College Bulletin, October 1922

THE CLAIMS OF THE COLLEGE COST In 1917 the Association of American Colleges defined the "mini– mum" and "efficient" colleges as follows: . Students .. Faculty .. . Budget .. . Assets . .. . Total ............ . Per student. ...... . Plant and equipment Endowment . .. ... . . Total ............ . Per student ...... . . ~Minimum 100 10 $ 32,000.00 320.00 350,000.00 403,200.00 $753,200.00 7,532.00 WHO PAYS FOR COLLEGE EDUCATION? FIGURES FROM 50 AVERAGE COLLEGES 1918-1919 E,ffi,cient 500 50 $ 166,750.00 333.00 985,000.00 2,215,000.00 $3,200.000.00 6,400.00 The business man forgets that the average Christian college sells its product-instruction-for about 39% of what it costs and unless this were true, that hundreds of deserving boys and girls would grow . up without a Christian education. Ask any business man to sell the ol).tput of his store or factory for 39 cents on the dollar and see how long it would take to convince him that someone must make up the deficit. -22-