In 1959, more people were going to college than in anytime in history. This made the competition to get into one of the top US universities a tough task. This challenge was described in the September 1959 edition of Cosmopolitan magazine in an article titled, “How to Keep Pace in the Hectic Race for Higher Learning”.
The article describes a scenario similar to what we find today. Often the prestige of the university is more important than the knowledge gained, and often the degree is as much about the parent as the student.
And as we have witnessed this week in the headlines that the US Federal Government has decided to have billions in student loans paid for by the student’s fellow tax payers, you might be interested in details about the mid-century college loan programs.