Education: The Cut-Rate Schmidts

  • Print
  • Share

Big families are fine—until a hard-pressed father has to pay two or three college tuitions at once. Last week the jolt was eased by the University of Portland (Ore.), a Roman Catholic institution (enrollment: 1,550) which announced an unusual sliding-scale plan for big families. Terms: full $660 tuition for a family's first scholar, $440 for a second in attendance at the same time, $220 for a third—nothing for all thereafter.

To Salem Real Estate Man Harold Schmidt—father of eleven—it was a bonanza. His son Denny, 21, is a Portland senior; Son Keith, 22, and Daughters Victoria Anne, 20, and Margarite May, 18, are entering freshmen. The new plan not only halves their total tuition to $1,320; the four are also paying it themselves by working at outside jobs and starting their own boardinghouse for six Portland coeds.

Time.com on Digg

POWERED BY digg

For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.