'QNQN University' is a private university located in the Northeastern section of the United States.Founded in 1888,...
Question:
'QNQN University' is a private university located in the Northeastern section of the United States.Founded in 1888, the University emphasizes a liberal arts education for its undergraduate students (the University has no graduate programs).The University offers BA degrees in Business, Chemistry, English, French, and Sociology.The University currently enrolls 1500 students with students paying $2500/credit hour for their education.
As part of a new effort to generate additional revenues, 'QNQN University' will implement the following mandatory student fees starting next year.Note that these fees would be in addition to current tuition revenues already being used by the University.Also note that these fees would be the only fees charged by the University, aside from the optional room and board fees paid by students who choose to live in dorms on-campus (for next year, the University estimates that 500 students will live on-campus.Each of these students would pay a $9000 fee each semester to pay for room and board on-campus). The University has also pledged to no longer raise tuition costs with the implementation of these fees.
FeePurposeAmount
Athletic FeeProvide Revenue to Teams$300/credit hour
Library FeeSupport Library Infrastructure$100/credit hour
Email FeeSupport IT Infrastructure$5/each email response from facultymember or University Official*
*note that this fee would charge every student $5 in order to receive a response to any email question, including class emails to Professors, financial aid emails, and general question emails to University staff.
For next year, the University estimates that 1555 students will be enrolled at the University with each student taking an average of 15 credits for the Fall semester and 15 credits for the Spring semester.The University also estimates that each student will need 25 emails answers during the Fall semester and 25 emails answered during the Spring semester.
Analyze each of these new fees to determine their effectiveness and appropriateness.Make sure to Include issues and concepts discussed in class in your analysis.