This Day In 1970's History: Saturday February 8, 1975
- College tuition costs -- especially at private campuses -- will rise more sharply than ever next fall. Most colleges report tuition increases of more than 10 percent, the highest single-year increase so far, according to a nationwide sampling by The New York Times. Many college officials said that the rise in tuition can be expected to continue for the rest of the decade. [New York Times]
- Economics teaching at Harvard University has come under attack. Charges from within are flying at the economics department, long regarded as a source of strength and direction for much of modern economics. Prof. Wassily W. Leontief, who had been one of three Nobel prize-winning economists at Harvard, recently resigned at the age of 68 to join the faculty at New York University. He left Harvard with a criticism of the department, where he had been a member for 44 years. [New York Times]
- The six-month transition period allowed under law for former President Richard Nixon to "adjust to the life of a private citizen" expires today. He will then become a private citizen with sharply reduced perquisites allowed him from government funds. He is also a frail and lonely recluse clinging to the hope of salvaging his reputation and returning to politics. He insists that despite "errors of judgment" he is innocent of any criminal wrongdoing. [New York Times]
- The White House announced that John Dunlop, a Harvard economist and a former director of the Cost of Living Council, will be nominated as Secretary of Labor. At first, he reportedly refused President Ford's offer to succeed Peter Brennan, who has resigned, but changed his mind following repeated appeals. [New York Times]
- Two major subsidiaries of the American Telephone and Telegraph Company are coming under wide federal scrutiny following allegations that they used corporate funds for secret political contributions, and that one of the companies engaged in illegal wiretapping. Both companies, the Southwestern Bell Telephone Company and Southern Bell Telephone Company, have been the subjects of local investigations for several months. [New York Times]
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