Describes the beginning of Washington Break, updates the Gottwald's of the Board's decision to fix tuition at $8,900. Notes that after 2 years of coeducation, retention rates were increasingly rapidly and as a result the incoming freshman class would have to be reduced. Also addresses the issue of the decrepit frat houses, and the process and cost of renovations, but expresses his commitment in solving this problem. Notes that while Gaines Hall is occupied, it is not finished. Wilson also says that applications are at an all-time high. Believes the University is making 'steady progress' in its academics, including fellow academic benefactors and foundations that support the school. Finishes the letter on a personal note.