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Article #251

Re: Computer Purchase Plans

#251
From: Leo D. Geoffrion
Date: Tue, 15 Dec 1992 00:47
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Here's a suggestion for dealing with the opposite end of the process
-- helping staff pay for their computers.

Back in the mid-80's our senior administration set up a revolving
charge program whereby employees can purchase a computer through the
College and obtain a 0% interest loan that is repaid via payroll
deduction.  As money flows back into the loan program, it can be
recycled to write more loans.

It's really quite cheap the to College... It loses only the interest
it would have earned on that piece of the endowment.  At the same
time, it produces tremendous productivity by getting computers into
many people's hands -- especially the young faculty/staff who are just
starting out in their careers and may not have the ready cash for a
computer purchase.

-- 
Leo Geoffrion, Skidmore College Computer Services, Saratoga Springs, NY 12866
EMAIL: ldg@scott.skidmore.edu   VOICE: (518) 584-5000 Ext. 2919
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From: ldg@scott.skidmore.edu (Leo D. Geoffrion)
Subject: Re: Computer Purchase Plans
Message-ID: <1992Dec15.004721.25668@scott.skidmore.edu>
Organization: Skidmore College, Saratoga Springs NY, 12866
References: <fbaglew.330@cs-acad-lan.Lakeheadu.Ca> <Bz5IBv.8Bt@uxa.ecn.bgu.edu>
Date: Tue, 15 Dec 1992 00:47:21 GMT
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