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The article presents information on the doctoral thesis submitted by David Rockfeller titled "Unused Capital Resources and Waste" in the U.S. The thesis discusses wastes and informs that idleness was the most hated waste as it created unemployment. Rockfeller also informs about what constitutes waste to society and conclude that there is no close correlation between waste and unused capacity.

The article offers information on a doctoral thesis submitted by the student of the University of California at Berkeley, California, Christina Milner, on the male prostitution business in the U.S. According to one of the male prostitutes interviewed by Milner, pimping is a game which requires both head and psychological skills, as it is a brainwashing process in which the male prostitute has to take out his target women out of the world of moral and ethical values in which she has lived for so many years, and into a different emotional environment.

The article focuses on the report from the task force led by university director Frank Newman which reveals that the number of graduates with doctorates in the U.S. has increased, but their overall quality has worsened. It states that prestigious universities reduce their graduate enrollments after the research grants were cut, while public schools with lower quality raise their enrollments. The report suggests the direct distribution of fellowships to students with intellectual promise.

The article lists the doctoral students who receive their honorary degrees from the University of California at Los Angeles which include James H. Robinson, Terence Cardinal Cooke and Glenn T. Seaborg.