# LCMS Convention Proceedings_St. Louis Missouri_1947_S198 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 196 SEMINARIES AND COLLEGES serve the College. This should not be contemplated, how- ever, as a permanent feature of the plan. Reduction in initial expenditure: $300,000. ce. The $350,000 cost of a Student Center may be deducted if we assume that the Centennial Thankoffering will be com- pleted, since that fund includes provision for the item mentioned. d. The item of $250,000 for faculty housing represents a con- cession to current practice. It may well be that Synod would wish to discontinue its present policy in this regard and to institute compensatory salary arrangements when it considers that the sum mentioned could cover sixty-dollar rental allowances for 17 faculty members for more than 20 years. By that time additional investments would be required for maintenance and remodeling in any synodically owned houses. Considering the modifications indicated, it appears that the total estimate of the ultimate cost should be approximately one million dollars more than the immediate expenditure required. In addition to the capital investments listed, full-scale opera- tion of the College would ultimately involve operating costs of about $125,000 annually. While there would, of course, be extremely close integration of the Senior College program and the program of the Seminary, the two plants would operate as separate schools of one educational facility. Similar arrangements exist between Capital University and Seminary at Columbus, Ohio; the schools at Rock Island, Dllinois; Waterloo, Ontario; and at other locations. The pattern of administration indicated is followed at many large American universities. Thus, there would be one president and executive officer for the Seminary and Senior College. Immediately under the executive office (Board of Control) and the president would be the offices of executive deans heading the Seminary and the Senior College. These offices would be concerned with the administrative functions of the respective schools, as independent educational units of the larger complex and would compare with the corresponding positions and functions of deans as heads of the various schools and colleges at universities. The disparity in the educational levels and terminability of courses at different times need not be viewed as unusually complex either educationally or administra- tively. Similar problems are involved at most universities in the process of unifying and co-ordinating undergraduate, graduate, and professional schools.