How much does a student cost? U of M finally calculates it

The short answer: $12,055 in 2009-10, on average, for an undergraduate. But the full cost of instruction -- everything from faculty salaries to electricity -- varies by college, campus and level of study, sometimes in surprising ways. The new analysis is the most precise accounting the university has ever done and will fuel debates about efficiency.
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The short answer: $12,055 in 2009-10, on average, for an undergraduate. But the full cost of instruction -- everything from faculty salaries to electricity -- varies by college, campus and level of study, sometimes in surprising ways. The new analysis is the most precise accounting the university has ever done and will fuel debates about efficiency.

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