NO COMPROMISE

The simultaneous announcement that the Business School tuition is to be raised from $500 to $600 a year and that the Loan Fund will be increased to allow students to borrow $900 instead of $750 for the two year curriculum is an indication that the Baker Foundation is aiming at an efficient solution to the problem of cost of education. It is also clear that the fundamental object of education in business administration differs widely from that of the cultural and professional education gained in other branches of the University.

There is a constant demand in all departments of educational institutions for increases in salaries. Endowments which result in education which is either wholly free or largely charitable have become traditional in the colleges and professional schools. The Business School is the foremost exponent of an educational organization, which contains the elements of cooperative economic management in place of the old order.

The immediate tax on the new enrolments in the school will not be found to be overburdensome except in a few cases. It is altogether justifiable according to the universal and inevitable need for more highly paid teachers. The significance of the step lies in the fundamental difference between an educational system with an immediate commercial point of view and one which has as an object, the development of the mind. To make the student an integral part of a business organization is altogether in keeping with an American capitalistic educational theory.

It is altogether commendable that the officials of the Business School carry the purpose of the organization to the limits of its natural, self sufficient, economic unity. But it is necessary that the distinction between the commercial and cultural aspects of education be clarified to such a degree that there be no question of replacing college scholarships and endowments with restrictive financial entanglements. Many men who lead in cultural pursuits are an economic loss to society; but man's propensity to think makes it necessary that there should be no regress in charitable mass education which has no immediate end in view.