Leaders of Private Colleges Are Urged to Help Right the Nation's Course

David M. Walker, the outspoken former U.S. comptroller general, is probably one of the few people who can make a talk about national debt sound like a hellfire-and-brimstone sermon.

His presence on Monday at the annual meeting for the National Association of Independent Colleges and Universities here indicated that broad fears about the economy—even about aspects only tangentially related to higher education—are a top concern of college administrators.

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