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Federal Spending / Colleges / Duke University / Fin. Troubles #36575

ABC Evening News for Friday, Mar 07, 1975
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(Studio) New federal spending needed to help financial private colleges and universities, according to report released by Carnegie council on policy studies in higher education.
REPORTER: Harry Reasoner

(Durham, North Carolina) In past 50 years, Duke has had no financial problems. Now, university facing cutbacks. [Duke Univ. President Terry SANFORD - says high energy costs and loss taken with regard to investment funds puts Duke in bind.] School of forestry and environmental study to be phased out in 3-5 years in effort to tighten Duke's budget; Duke's primate center also scheduled for extinction. Projected phase-out results in student and faculty demonstrations. [Student Julie GARNETT - says Duke phasing out some of Duke's most unique programs.] [SANFORD - admits process of cutting back very painful.] Case for environmental study very strong; program may be spared.
REPORTER: David Snell

Reasoner, Harry;
Snell, David

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