Going Up
DOI: 10.1063/1.3066432
California Institute of Technology will increase tuition from $500 to $600 a year for all students next fall. This increase, which will bring in an estimated $120,000 in additional funds (about one third of the estimated budget deficit for 1949–50) will be used, the Institute announced, to maintain faculty salaries, and reduce the estimated deficit. The money will also be used to increase the scholarship funds to help students unable to finance fully this increase.