Rensselaer Semi-Weekly Republican, Volume 38, Number 16, Rensselaer, Jasper County, 3 October 1905 — Growth of a Groat College. [ARTICLE]
Growth of a Groat College.
The aggregate income of Harvard in 1904 was $972,731.58, of which $373,450 was from dividends on investments and $599,280.92 fees from students. To show the growth of the university it may be said that in 1832 the total income was only $42,596.23, and in 1872 it was only $227,292.49. The increase during the last thirty years has been over 400 per cent, notwithstanding the fact that the rates of interest paid by the and bond investments have diminished one-half.— Chicago Record-Herald.
