The costs and benefits of running a private U.
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The costs and benefits of running a private U.
Cost analysis:
Student body population at BYU: 34,000
Annual tuition at BYU: $4,500
Average annual tuition for private universities: $28,500
Approximate annual subsidy paid by the LDS Church and donors: $24,000 per student = $816 Million
Cost to get these 34,000 students to graduate = $3.26 billion
Benefit analysis
80% of BYU graduates pay tithing for the rest of their lives (a guess)
Average salary at mid-career of BYU grad: $86,800
30 years of tithing = 8,680 * 30 = $260,400
Multiplied by 80% of grads: 260,400 * 27,200 = $7 Billion
Conclusion
Worth it!
Student body population at BYU: 34,000
Annual tuition at BYU: $4,500
Average annual tuition for private universities: $28,500
Approximate annual subsidy paid by the LDS Church and donors: $24,000 per student = $816 Million
Cost to get these 34,000 students to graduate = $3.26 billion
Benefit analysis
80% of BYU graduates pay tithing for the rest of their lives (a guess)
Average salary at mid-career of BYU grad: $86,800
30 years of tithing = 8,680 * 30 = $260,400
Multiplied by 80% of grads: 260,400 * 27,200 = $7 Billion
Conclusion
Worth it!
Oh for shame, how the mortals put the blame on us gods, for they say evils come from us, but it is they, rather, who by their own recklessness win sorrow beyond what is given... Zeus (1178 BC)
The Holy Sacrament.
The Holy Sacrament.
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Re: The costs and benefits of running a private U.
It's kind of sad how many of the church's decisions can be better understood by simply following the money.
Thanks for this analysis, Zeez!
Thanks for this analysis, Zeez!
Parley P. Pratt wrote:We must lie to support brother Joseph, it is our duty to do so.
B.R. McConkie, © Intellectual Reserve wrote:There are those who say that revealed religion and organic evolution can be harmonized. This is both false and devilish.
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Re: The costs and benefits of running a private U.
Malachi 3:8-10
Machina Sublime
Satan's Plan Deconstructed.
Your Best Resource On Joseph Smith's Polygamy.
Conservatism is the Gospel of Christ and the Plan of Salvation in Action.
The Degeneracy Of Progressivism.
Satan's Plan Deconstructed.
Your Best Resource On Joseph Smith's Polygamy.
Conservatism is the Gospel of Christ and the Plan of Salvation in Action.
The Degeneracy Of Progressivism.
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Re: The costs and benefits of running a private U.
bcspace wrote:Malachi 3:8-10
The Merchant Of Venice Act 4, scene 1, 304–307.
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Re: The costs and benefits of running a private U.
Macbeth Act I, Scene ii, 22-23
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Re: The costs and benefits of running a private U.
Dudes, can you please paste the quotes so we don't have to go searching through Shakespeare books?
I can't seem to find the same exact lines in my version. Thanks for helping a rookie out.
I can't seem to find the same exact lines in my version. Thanks for helping a rookie out.
Oh for shame, how the mortals put the blame on us gods, for they say evils come from us, but it is they, rather, who by their own recklessness win sorrow beyond what is given... Zeus (1178 BC)
The Holy Sacrament.
The Holy Sacrament.
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Re: The costs and benefits of running a private U.
bcspace wrote:Malachi 3:8-10
I never used to wonder what Ute fan tithe payers thought about the church paying nearly a billion dollars a year on BYU. Wow.
Oh for shame, how the mortals put the blame on us gods, for they say evils come from us, but it is they, rather, who by their own recklessness win sorrow beyond what is given... Zeus (1178 BC)
The Holy Sacrament.
The Holy Sacrament.
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Re: The costs and benefits of running a private U.
zeezrom wrote:Dudes, can you please paste the quotes so we don't have to go searching through Shakespeare books?
I can't seem to find the same exact lines in my version. Thanks for helping a rookie out.
As my applause to Morley:
"Till he unseam'd him from the nave to the chaps,
And fix'd his head upon our battlements"
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Re: The costs and benefits of running a private U.
zeezrom wrote:Dudes, can you please paste the quotes so we don't have to go searching through Shakespeare books?
I can't seem to find the same exact lines in my version. Thanks for helping a rookie out.
The Merchant Of Venice Act 4, scene 1, 304–307:
SHYLOCK
Most learned judge! A sentence! Come, prepare!
PORTIA
Tarry a little; there is something else.
This bond doth give thee here no jot of blood;
The words expressly are "a pound of flesh":
edit: Ha! You're right to ask, Zee. I was indulging a juvenile reaction to BC's dropping of chapter and verse with no accompanying quotation.
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Re: The costs and benefits of running a private U.
I didn't major in finance or even math at BYU but I did stay at a Holiday Inn . . . sometime back. What is the value of 3.26 billion invested over 30 years? I would say that is not a very good return on the investment.
"Any over-ritualized religion since the dawn of time can make its priests say yes, we know, it is rotten, and hard luck, but just do as we say, keep at the ritual, stick it out, give us your money and you'll end up with the angels in heaven for evermore."