This Week in Wire History
Where does all the $$ go??
Ali Smith '11
Issue date: 12/3/08 Section: News
Although we are all undoubtedly anxious about the hike in tuition, it is a relief to find out that we were not the first to be struck with this worry. It is important to realize that, even though it is not always ideal, neigh it is never ideal, for us to have to pay more for our education, at least Wheaton "has a set tuition" that is in balance with the cost of living. we should count ourselves lucky in that respect. So don't fret, this process has always been worrisome and bothering, but misery does love company, and it is nice to know that others have also been in the same boat with us.
- Ali Smith '11
Where does all the $$ go?? - November 1995
In the last year there have been some changes in the Wheaton budget and its financial goals for the future. Generally, the major source of revenue for the college is the $25,000 tuition money from each student...For the future, Wheaton hopes to increase the size of its endowment in order to help meet increasing costs. According to President Dale Marshall, the endowment at Wheaton is smaller than that of most other colleges. Another aim is to monitor the operational budget, so as to lower the costs and improve the services, especially for the students, at the same time, hoping to improve the efficiency of its services. 77.9% of Wheaton's revenue comes from student tuition. Gifts, endowments and other sources form 7.8%, 11.1% and 3.2% respectively. According to President Marshall, the tuition at Wheaton is set so that it does not rise faster than the cost of living. This comprehensive fee at Wheaton is currently 2.6%. President Marshall also says that this figure is lower than most other schools as some places are experiencing tuition that is higher than the cost of living. Recently, a cost savings study was instituted at Wheaton to monitor the operational budget. The main aim of this study was to improve college operations and services, especially for students. In order to enact this, a capital campaign to relieve the budget was kicked off during AutumnFest-"The Campaign for Wheaton". According to Jeanne Finlayson of Park Hall Administration, the campaign is said to be working, and has proven thus far to bring about savings. Wheaton's goal to increase and stabilize its endowment to help meet costs, is intended to improve college services in the long run.
- Kunal P. Khemka
- Ali Smith '11
Where does all the $$ go?? - November 1995
In the last year there have been some changes in the Wheaton budget and its financial goals for the future. Generally, the major source of revenue for the college is the $25,000 tuition money from each student...For the future, Wheaton hopes to increase the size of its endowment in order to help meet increasing costs. According to President Dale Marshall, the endowment at Wheaton is smaller than that of most other colleges. Another aim is to monitor the operational budget, so as to lower the costs and improve the services, especially for the students, at the same time, hoping to improve the efficiency of its services. 77.9% of Wheaton's revenue comes from student tuition. Gifts, endowments and other sources form 7.8%, 11.1% and 3.2% respectively. According to President Marshall, the tuition at Wheaton is set so that it does not rise faster than the cost of living. This comprehensive fee at Wheaton is currently 2.6%. President Marshall also says that this figure is lower than most other schools as some places are experiencing tuition that is higher than the cost of living. Recently, a cost savings study was instituted at Wheaton to monitor the operational budget. The main aim of this study was to improve college operations and services, especially for students. In order to enact this, a capital campaign to relieve the budget was kicked off during AutumnFest-"The Campaign for Wheaton". According to Jeanne Finlayson of Park Hall Administration, the campaign is said to be working, and has proven thus far to bring about savings. Wheaton's goal to increase and stabilize its endowment to help meet costs, is intended to improve college services in the long run.
- Kunal P. Khemka
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