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Excellent question by HScorpio

$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.