27 The Price of Pandering: Each Student at Ontario’s New French University Costs Taxpayers $400,000 per Year (www.taxpayer.com) rcan posted 3 years ago by TheStatelessMan 3 years ago by TheStatelessMan +27 / -0 7 comments share 7 comments share save hide report block hide replies
Not saying it was a good decision, but suggesting that the entire startup cost should be amortized over the first year of operations is silly. Presumably this school is expected to run for more than one year.
They did not assume that and divided it over the entire period of funding.
Is the school expected to shut down after year eight?
No, but it will then get a new round of funding, if it still exists.
You said the first year. That was incorrect.