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Agricultural Experiment Station. According to the amounts recommended, the personnel in these programs - the academic and other professional personnel - could not participate equitably in the proposed salary increases. The salaries we pay to our agents and specialists are not up to the regional or national level they should be, and we must strengthen this budget to a level commensurate with other salaries.

"Thirdly, as we know from reading the press, the Commission has recommended that we construct necessary dormitories at Raleigh and Chapel Hill by imposing 100 percent of the total costs upon the students. This would mean that the dormitory occupants, over a period of forty years, would pay not only the cost of operating and maintaining the building but also the cost of construction, financing, principal and interest.

"Before stating my honest conviction about the unsuitability of 100 percent self-liquidation as the mode of financing student facilities at this time, let me give some indication of what it involves in terms of added expense to the students.

"Through self-liquidation programs as the method of financing residence hall and other facility construction over a period of years, the accumulated indebtedness to be defrayed from student room rent and increased fees on the three campuses amounts to $20,036,000, with $11,625,000 being dormitory indebtedness. If we adhere to the 100 percent self-liquidation proposal in the Advisory Budget Commission's recommendations to build the now reduced program of dormitory construction for the University, we would add in the next biennium $5,569,000 to this burden. The effect of this financing device may be illustrated by referring to the situation at Chapel Hill where it is proposed to build one dormitory for 925 men at a cost of $2,544,000. If this total amount must be borrowed and repaid from student rent, it will be necessary to increase room rent by approximately $30 a year, not just for the residents of this one dormitory but for all dormitory residents throughout the campus. I do not go into detail about the implications of the plan on all three campuses and for the future cost of education, but this example will show that they are serious.