Woot Amy!

Amy, that's awesome! I'm so pleased for you!

That's a pretty interesting study, ita, but I'd like to know more about it.

Also, I find that IRL and in a game situation (outside of the whole attractiveness issue), personality changes a bit.

I am a pretty nice person, but I tend not to play games a lot, because I either (a) don't like them and thus don't care or (b) like trivia games, I get hypercomptetive and want to win.

However, I probably fail at this study, because I am average in looks, below average if one factors in in that I am overweight, I have ethics that I don't feel relate to my looks at all, but to my intellectual development, and I feel that attractiveness goes beyond symmetry.

I'm not that pretty in pix, but F2F, people find me more attractive.

There are so many variables, how can you control them all?

Is anyone here an accountant?

I have been given a formula by big!boss to see how many students a class needs before the class breaks even. It is Instructor's Salary X 1.5 divided by cost of class=number of students to break even. Does that even make sense?

I can look into my Higher Ed finance notes, but they're home and it sounds like you need it now... I think it does make sense, though, the 1.5 probably is the overhead amount, which would need to be included in any expense analysis.

Cost of class meaning cost to each student who takes it? Assuming that 1.5xSalary is what it costs the school to put on the class, then yes, that makes sense.

Breakeven = Fixed costs/(price - variable costs).

Thanks Nora!

The part I don't understand is how the instructor's salary makes any difference in the overhead. Wouldn't that be determined by things like the length of the class, how much IT support the class needs, how much I work to advertise the class, if we have brochure printed etc, etc. We have some VERY highly paid instructors that I do nothing for, and some very low paid instructors that I am practically spending my life holding their hand.

Do the instructors teach more than one class?

Cost of class meaning cost to each student who takes it?

Yes. So I guess the formula makes sense, I just don't necessarily agree that the "overhead" should be that high. Our overhead rate at the University is 52 percent.

Do the instructors teach more than one class?

No- the ones that have full or part time appointments we pay anyway and run the class anyway (we did not used to, they used to be able to teach lifelong learning classes to get extra income, but the University prohibited that.

Breakeven calculations are usually just approximations, Sophia, sort of a rule of thumb for making quick decisions for the future, not real analysis of what costs/profits have actually been.

I just don't necessarily agree that the "overhead" should be that high. Our overhead rate at the University is 52 percent.

Right, so the cost of putting on the class is Instructor Salary + Overhead, and overhead rate is 52% so that's Salary + 0.52 Salary is approximately 1.5xSalary. It may not be actually correct, but it lines up with University accounting.