"grace" after their offsprings' graduations in which to repay the debt. To
this proposal the problem of old-age assistance is obviously related.
It is apparent that few of these suggestions offered by the respondents
were intended as cure-alls. Few are mutually exclusive; many are obviously complementary. Thus a synthesis might result in an outline for a
workable loan program.
See Federal Assistance to Higher Education, Hearings, Senate Committee on
Labor and Public Welfare, 1960, especially pp. 101-122 and 179-206. (My statement and responses.)
B. A. Rogge, Financing Education in the United States, pp. 9-14.
Van den Haag, Education as an Industry, 1956, especially pp. 37-39, 57-77, 97-100, 114-115; and D. Riesman, "Who Will and Who Should Pay for Higher
Education?" School Review, The University of Chicago, 1958.
Reginald Green, a first-rate research assistant, now an assistant Professor at Yale,
and I independently studied the views of 220 economists. I am greatly indebted to
Questia, a part of Gale, Cengage Learning. www.questia.com
Book title: Higher Education:Resources and Finance.
Contributors: Seymour E. Harris - Author.
Place of publication: New York.
Publication year: 1962.
Page number: 263.
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