It may be well first to present briefly the more pertinent conclusions of the study of professional women, since the general standards are more familiar to us. The expenditures reported by college women are arranged in three groups, minimum, medium and maximum. The total expenditures of the first group range from $550 to $725, in which an allowance of $200 to $350 is made for “living expenses,” and $150 to $175 for clothing. A woman whose income is at this minimum cannot save; it represents the cost of living of an apprentice. The medium expenditures are from $785 to $1,075 exclusive of savings, and the maximum $1,225 to $1,750 exclusive of savings. The medium figures include $300 to $450 for living, and $200 to $250 for clothing; the maximum, $500 to $700 for living, and $275 to $350 for clothing. A woman of experience voices the general opinion that the medium range of expenditure in the teaching profession today is too low for thorough efficiency; for in such a budget no account can be made of many of the essentials of life. Thus it omits: 1. Any peculiar demands upon one’s purse through obligations to one’s family. 2. Expenses of the vacation season like extra board, extra laundry bills, railroad fares and extra sundries. 3. Expenses which come from social convention and social relations, such as Christmas, birthday and wedding gifts, even small ones, occasional lunching with friends, possible college class reunions, and the like. 4. Expression of one’s esthetic tastes in concerts and pictures. 5. Recreation of any sort during the working year. 6. Miscellaneous trifling but accumulating expenses which are sure to occur. At the present time 72% of the women prepared for teaching by college training are earning the medium salary or less. Grouping this class by years of experience, salaries do not reach the medium figure until a woman has been at work ten to fifteen years. If we accept these expenditures as a standard, then we find only a small proportion of college women able to attain it. The unfortunate method of determining necessary expenditure by estimate is well illustrated by the returns from these college women. The cost of actual living and clothing is often accepted as covering the essentials; but in fact the items for incidentals, carfares, professional expenses and sundries sum up to almost the same amount as the cost of sustenance, especially in the smaller budgets. Such an allowance would usually be considered excessive, but a careful review of the items indicates that this proportion of expenditure for sundries is legitimate. In addition to this general but important conclusion that the standard of living based on the returns quoted above is too low in most cases to secure efficiency, and hence promotion and advancement, the following significant conditions must be faced by those concerned with the problem of salaries: