T h e C h r i s t i a n E d u c a t i o n D o l l a r a t B i o l a 192 PE n
The above graph refers exclusively to our 308 employed students. The 26 others paying their own living expenses are, of course, not included.
Above is a graphic symbolic representation of the Christian Education dollar as applied to the Bible Institute of Los Angeles. The circle repre sents the sum of $516 per student as expended for or by our 308 working students. This sum ($516 per student) is the average annual cost of Chris
tian education among the various types of Protes tant denominational colleges of which there are 265 in the United States, as determined by a recent survey made under the direction of the United States Office of Education. In tabular form the figures would appear as follows:
Table Showing Educational Cost of 308 Working Students at Biola
(These figures are derived, from Institute sources and are believed to be reliable, but as the school year is not complete, they must be understood to be composed of careful estimates and averages.) Classroom and Tuition Expenses................................... $ 41,888 Bible Institute Employment (given to 139 students) 17,281 Outside Employment.......................................................... 65,466 From Parents and Guardians or Students’ Resources 34,293 (a) ( b ) $158,928 26 .36% I 10 .87% ) 41 .19% 21 .58% 100 . 00 % Supplied by Institute, 37 .23%
Please note the following facts: The table given above shows the best available estimates of expenses incurred by our student body and educational department during the pres ent school year. The total is estimated at $158,928. The Institute contribution, which constitutes items "a " and "b," totals $59,169 —about 37.23% of the total cost. Divided over the nine months of the school year, the monthly quota is $6,574, the daily cost being something more than $219. As of May 1, 40 days remain—which means that approx-
imately $8,760 must be supplied to close the school year. The central sum on the above diagram is the axle on which Institute life revolves, as it includes such major items as the living expenses of our student body and faculty, as well as most of the classroom building expenses, but not, of course, any of the items outside our educational depart ment. If you have kindly read thus far, will you next consider Dr. Rood's letter on the opposite page, based on an understanding of the above facts?
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