Let’s discuss the “aren’t free” assertion. What do they “cost?”
I’m assuming there’s some NCAA or not for profit accounting rule that requires assigning a certain P/L value to a scholly but the cash cost to a University for a scholly is much less than the face value of tuition room and board. Why can’t the P/L treatment be ignored? The marginal cost in terms of actual cash value is MUCH less burdensome.
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In response to this post by CavMan1)
Posted: 10/14/2020 at 8:22PM