BP Totty: I don’t understand your math. You are assuming an average annual salary of just $7500 per staff member. I more realistic $ 20,000 would have the payroll alone at $8,000,000 and already meeting the tuition income. Once you add in the other expenses and take into account that many if not most student never paid full tuition, it is miraculous that the school made it this far.
Please don’t besmirch the administration without doing your math a little better.