Private Colleges Plead for Md. Aid
BALTIMORE, Dec. 18ÛÓThe presidents of MarylandÛªs private colleges warned yesterday that inflation is threatening their academic quality and the future of their institutions and appealed for increased state aid.</br></br>At a press conference here organized by the Maryland Independent College and University Association, the school presidents said they were asking the state legislature for a modest increase in aid this year, which already is budgeted at $4.3 million, and said they probably would seek a major increase in 1977.</br></br>Sister Kathleen Feeley, the president of the College of Notre Dame in Baltimore, who heads the association, . said that five of the stateÛªs 13 major private colleges ran a deficit during the last academic year, ranging from $2,000 up to $459,000.</br></br>Although none is on the verge of bankruptcy, she said two already are in serious financial difficulty.</br></br>She said that overall the private colleges are still slightly in the black but that by 1980 they expect an annual deficit of $8.2 million.