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Excerpt from Catalogue of the William and Mary Annual: Session 1896-'97; Announcements, 1897-'98 The 13th of May in each year, being the day the first English settlers landed at Jamestown, is a general holiday. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This book examines how tuition and student loans became an accepted part of college costs in the first half of the twentieth century. The author argues that college was largely free to nineteenth-century college students since local and religious communities, donors, and the state agreed to pay the tuition bill with the expectation that the students would serve society upon graduation. College education was essentially considered a public good. This arrangement ended after 1900. The increasing secularization and professionalization of college education as well as changes in the socio-economic composition of the student body—which included more and more students from well-off families—caused educators, college administrators, and donors to argue that students pursued a college degree for their own advancement and therefore should be made to pay for it. Students were expected to pay tuition themselves and to take out student loans in order to fund their education.
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