Universities spend more on students than they charge, says group
February 18, 2002
Almost all colleges spend more to educate their students than they charge in tuition, says the National Association of College and University Business Officers. The association spent the past three years developing a method for colleges and universities to show how much they spend to educate students. Public four-year colleges spend between $4,000 and $11,000 more than they charge, according to the association's findings. The full article on the methodology used by the association appears in the Feb. 12 issue of “The Chronicle of Higher Education.” More information is available at the Web site of the National Association of College and University Business Officers.