Doing the math on added enrollment

Divide but maybe not conquer

...The proposal – unveiled Monday in background materials for next week’s Board of Regents meeting, where it will be voted on by the university’s governing board – begins with a 5,000-slot increase next fall.

That would allow UC to receive $25 million set aside in this year’s state budget if the system enrolls 5,000 more Californians by the 2016-17 academic year. Two additional increases of 2,500 spots would follow in 2017-18 and 2018-19...

Full story http://www.sacbee.com/news/politics-government/capitol-alert/article43901433.html

So $25,000,000/5,000 students = $5,000/student. Is that the cost per added undergrad? For four years, since the $25 million is a one-time addition? $5,000/4 = $1,250/year. How efficient we have become!

Undergrads are really cheap, cheap:

Read more here: http://www.sacbee.com/news/politics-government/capitol-alert/article43901433.html#storylink=cpy