EXECUTIVE OFFICE OF THE PRESIDENT

OFFICE OF SCIENCE AND TECHNOLOGY
WASHINGTON, D.C. 20506

June 8, 1970

Dear Josh:

Thanks for your comments regarding difficulties of
loan programs for university students. For a variety of
reasons - economic, institutional, and psychological -
we believe that a loan program is not a suitable mechanism
of student support for graduate students. The only possible
exception is perhaps the medical student and there we
believe that a loan program combined with either a forgive-
ness mechanism based on public service or a repayment
plan based on income tax might serve better than the present
system. I think your idea of capitalization of the loans is an
intriguing one and we shall inject it into the deliberations
now going on,

I hope to be out at Stanford once or twice this summer.
Perhaps we can get together on one or another of these trips.

Best regards,

WA

Hubert Heffner
Deputy Director

Dr. Joshua Lederberg

Department of Genetics

Stanford University Medical Center
Stanford, California 94305

JUN 7 0 1970

awa