Oral arguments will begin today on the plan drawn up by the four court-appointed masters for desegregating Boston schools.

The plan, which was first publicized in draft from last Friday, would give 17 area universities, each paired with a business corporation, the task of improving various public schools in Boston.

The draft plan thus far has received mixed reaction far school officials, parents, and teachers. Once the arguments over the proposals are completed, the masters will draw up a final version which will be submitted to U.S. Federal District Judge W. Arthur Garrity his approval.

Under the plan, Harvard and the state Street Bank would work with Roxbury High school, helping particular with the school's move to the new Madison Park Campus which will be completed by 1976.

Charles F. Ray, principal of Roxbury High school, said yesterday that "anybody that can help us in welcome." He said that Harvard could help most by improving reading instruction, providing teachers, and building an occupational program at the school.

Marvin B. Scott, associate dean of the Boston University School of Education and one of the experts advising Garrity in the school desegregation case, said yesterday that meetings between presidents of the universities and principals of the Schools involved preceded the drafting of the plan.

Paul N. Ylvisaker, who served as Harvard's liaison with the masters committee, could not be reached for comment Yesterday.