Tuesday, June 4, 2019

Am I Reading This Right?

Am I reading this right?

 In 2015–16, total expenses per full-time-equivalent (FTE) student were higher at private nonprofit 4-year postsecondary institutions ($56,401) than at public 4-year institutions ($44,009) and private for-profit 4-year institutions ($16,208).

Is the average expenditure per student in US state universities  $44,009/year? That seems so high.

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