2 ms·
Your calculations are oversimplified. The real cost to a student should be around $20k. Does the $30B per year not cover the funding for the UC medical centers
by canttestthis 10y ago
Your calculations are oversimplified. The real cost to a student should be around $20k.
Does the $30B per year not cover the funding for the UC medical centers, museums, athletic programs, etc.? The amount of money actually spent on students (through faculty salaries, financial aid, lab equipment, etc) is closer to $7B. Also you need to remove grad students from the calculation entirely, they disproportionately affect the numbers and they don't have out of state cap. Once you take all those factors into account you get ~$20k.
- handedness 10y agoI'm not sure why those areas can be selectively dismissed. That the UC system overextends itself in a variety of non-instructional areas isn't a compelling case for its fiscal health and management acumen. If I ran a training business with a negative P&L and couldn't fully fund my employee's pensions, I would hardly be able to say, "your calculations are oversimplified. Our losses include our museum and lacrosse team."