And is that the cost, or the price? *
by Bruno95 (2019-08-23 09:05:20)
Edited on 2019-08-23 09:05:32

In reply to: $317 - Seriously. Who had that great idea?  posted by ndaero93

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And what is the value, Mr. Wilde? *
by captaineclectic  (2019-08-23 11:25:36)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

Excellent question
by HScorpio  (2019-08-23 09:47:18)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

$317 a day * 365 days gives you $115k. Obviously they aren't looking at year round attendance. Dividing the PRICE of attendance (~$75k) by the $317 figure gives you 236 days. Which gives you 118 days a semester, or about 4 months. I assume that's how they calculated it.

Would be interesting to see some cost accounting on how much of that $75k or $317 a day goes towards actually educating and housing the student, versus how much is going to initiatives or unfunded department programs or buildings.

That was the math I did as well
by ndaero93  (2019-08-23 09:57:42)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

I took about 4 months for each semester - 120 calendar days (not class days mind you) and it came out to be around $75K - which aligned with the Total Cost of Attendance figures posted for ND.