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Base on this figure, the main business lines of UC today are hospitals and sales: https://lao.ca.gov/reports/2023/4684/4684-fig1.png https://lao.ca.gov/reports/
by riku_iki 2y ago
Base on this figure, the main business lines of UC today are hospitals and sales: https://lao.ca.gov/reports/2023/4684/4684-fig1.png https://lao.ca.gov/reports/2023/4684/4684-fig1.png
- vladgur 2y agoGreat, at least our insane medical costs are contributing to something positive :( * this comment was sponsored by $7 aspirin pill and a $3000 knee brace(sold on Amazon for $400)
- jasomill 2y ago"Sales and Services" in this context presumably include things like transportation, housing, and dining, often covered by the same funding sources as tuition and fees, that represent a significant portion of a student's total cost. For example, the cheapest on-campus meal plan at UC Berkeley is $6,260 per academic year[1] for 12 dining hall meals a week plus a $600/semester in credit for other food[2], and ($6,260 - $1,200)/(8 * 4 weeks) = $158.13/week for 1.7 meals a day seems steep for dorm food, especially if we also assume $600/semester is sufficient to cover the remaining 9 meals, given that $1,200/(8 * 4 * 9 meals) = $4.17/meal. On an annualized academic year basis, this is $6,260 - $4.17 * 8 * 4 * 7 * 3 = $3,457.76 less than the cost of the meal plan. And while dining out in Berkeley at $4/meal is unrealistic, living on $100/week of groceries as a non-student is not[3], so $3,000/year seems like a reasonable figure for the net food cost of an on-campus UC Berkeley academic year. [1] https://housing.berkeley.edu/rates-contracts-policies/rates/ https://housing.berkeley.edu/rates-contracts-policies/rates/ [2] https://dining.berkeley.edu/meal-plans/2024-2025/living-on-campus/ https://dining.berkeley.edu/meal-plans/2024-2025/living-on-c... [3] Source: I can eat frugally but well on $10/day in Indianapolis, and both random Web sites and official government statistics both suggest bay area grocery prices are roughly 25% higher.