The trustees unanimously authorized re-entry into the National Defense Loan Program due to the recent elimination of the controversial clause requiring students to disclaim subversive ties. Most of the 32 colleges and universities who had withdrawn two years ago also reversed their stands in light of the revised bill.
Some students felt that “the differences between the old and new acts, like revised editions of textbooks used in elementary survey courses, are substantively nil.” The 1958 Act required that students sign an affidavit affirming their general loyalty to the Constitution and willingness to support it “against all its enemies, foreign and domestic,” and to foreswear membership in or support of any organization advocating the overthrow of the United States Government.  The 1962 Act still required the affirmation of general allegiance to the Constitution and willingness to support it against international and foreign enemies; it also required the student to foreswear membership in any Communist organization as defined by the Subversive Activities Control Board.”
As a result, a student said, “we eagerly seized this opportunity to save face, but in doing so we have lost the issue for which we fought in ’59 and ’60….  Vassar College’s academic freedom is not now threatened by the National Defense Education Act…  But the fact remains that Vassar College, having given its students the right to exercise their individual consciences, has and continues to participate in a program in which in principle it disapproves”     The Miscellany News