AAUP Feb Presentation

State Taxes (>5%) $50,000

Cost

State Subsidy (SSI) (~$7500 per student per year)

$33,750

Interest Payments $2,600

Total Cost $36,350

Net Benefit (Current Dollars) (per student) $13,650 per student

Federal Taxes (~17%) $170,000

Cost

Pell Grants (25% of students) $1580

Interest Payments $10

Total Cost $1590

Net Benefit (Current Dollars) (per student) $168,410 per student

Undergraduate Net Value Added per Year (“Social Net Profit”)

Ohio University $3.8 billion per year (Gross value added $4.3 billion, Undergraduate budget $500 million)

Ohio State University $8.7 billion per year

University of Cincinnati $4.6 billion per year

excludes hospitals and graduate programs and inventions/knowledge

Net Operating Profit

Nationwide Insurance $1.9 billion (2019)