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089086 1 (1976-12-01)

handle is hein.gao/gaobacvcj0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D C 20548 COMMUNITY AND ECONOMIC DEC 1 - DEVELOPMENT DIVISION The Honorable James L. Young Assistant Secretary for Housing Department of Housing and Urban e Development Dear Mr. Young: We have completed our survey of assistance provided to institutions of higher education for academic facilities con- struction under title VII of the Higher Education Act, as amended (20 U.S.C. 1132a), the Public Health Service Act, as amended (42 U.S.C. 292), and title IV of the Housing Act of 1950, as amended (12 U.S.C. 1749) Programs authorized by v. the first two acts are administered by the Office of Educa- tion and the Public Health Service, Department of Health, Education, and Welfare (HEW), respectively. The Higher Education Act authorizes assistance in the form of grants, loans, and annual interest grants for the construction of higher education academic facilities. The Public Health Service Act authorizes assistance in the form of grants, loan guarantees, and interest subsidies for con- struction which includes medical libraries; health research facilities; teaching facilities for physicians, dentists, pharmacists, optometrists, podiatrists, and veterinarians; and schools of nursing. Programs authorized by the Housing Act of 1950 are administered by the Department of Housing and Urban Develop- ment (HUD). This act authorizes loans and annual interest grants for the construction or purchase of housing or other educational facilities such as dining halls, student unions, and infirmaries. Recent studies indicate that colleges and universities in the United States are experiencing a variety of problems which threaten their programs and, in some cases, their very existence. Study conclusions indicate that institutions are faced with (1) a challenge to their programs which is heightened by the condition of the national economy and chang- ing employment prospects, and (2) financial problems stemming from inflation, declining enrollments, and shrinking nontuition income. ~0

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