CatholicU to slash budget 20%, cites decline in law school Forum

[timbs4339]

revenues.

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I didn't do so good at the maths. Someone please tell me how a decline in revenue from 10% of the student body results in a need to cut 20% overall operational expenditures?

[MKC]

revenues.

--LinkRemoved--

I didn't do so good at the maths. Someone please tell me how a decline in revenue from 10% of the student body results in a need to cut 20% overall operational expenditures?

Fixed costs vs. Operational Costs.

Operational costs are being cut by 20%. If fixed costs are half the budget, and revenues drop 10%, then variable (operational) costs must be cut by 20%. Yay math.

[timbs4339]

revenues.

--LinkRemoved--

I didn't do so good at the maths. Someone please tell me how a decline in revenue from 10% of the student body results in a need to cut 20% overall operational expenditures?

Fixed costs vs. Operational Costs.

Operational costs are being cut by 20%. If fixed costs are half the budget, and revenues drop 10%, then variable (operational) costs must be cut by 20%. Yay math.

It's not like there are going to be zero paying law students, though. Revenue from the law school then must be much higher than 10% of the budget.

[MKC]

revenues.

--LinkRemoved--

I didn't do so good at the maths. Someone please tell me how a decline in revenue from 10% of the student body results in a need to cut 20% overall operational expenditures?

Fixed costs vs. Operational Costs.

Operational costs are being cut by 20%. If fixed costs are half the budget, and revenues drop 10%, then variable (operational) costs must be cut by 20%. Yay math.

It's not like there are going to be zero paying law students, though. Revenue from the law school then must be much higher than 10% of the budget.

Or fixed costs are most of the budget. Schools have a shitload of infrastructure to maintain. Buildings, utilities, and maintenance are non-negotiable. That leaves operations. The proportions may change, but I still think this is a fixed/variable cost issue as far as reconciling the numbers goes.

[Pokemon]

revenues.

--LinkRemoved--

I didn't do so good at the maths. Someone please tell me how a decline in revenue from 10% of the student body results in a need to cut 20% overall operational expenditures?

Hopefully this will not affect the educational quality of CatholicU.