[itronitron]

I did the math on a local state university and figured their annual revenue is about $1B based on tuition and enrollment. While I think the school is managed well, it certainly doesn't feel or look like it is run as a billion dollar business.

[chrisbennet]

How’s that work? Do they publish income because they are a state institution? (Every student pays something different so I would be hard to judge from just the # of students.) thx.

[itronitron]

They probably do have to publish numbers, although I didn't look that up. It's just a very rough estimate based on the 'sticker' price and I figure that any tuition discounts for students are offset by research funding and alumni donations which I left out of my estimate.