Policy Re Funds

Does the following case indicate future M.E.F. policy? Earlier this year the M.E.F. assisted a Maori married man, the father of three children, by paying his University fees in two subjects. The man already had a fulltime job, and a 3-hour part time job. What time would such a man have for University study?

Finally, is it wise to let a great part of the M.E.F. resources stagnate by a policy of capital endowment? Would it not be better to spend the capital and then subject the Government to shouldering the burden of further grants?

Think it over!