Not to make too much of the Webster story, but the official story is that they could not raise money to support the program--not a single dollar--and that the program cost one million to run the program.
That figure probably includes a pretty substantial estimate of the cost of the building that might otherwise sit empty.
Webster spokesperson Patrick Giblin told local media outlets that the university "was unable to raise a single dollar in endowments to support the program." He noted that it had "invested more than a million dollars per year of its operating budget to support the program during a time when the university was losing millions each year, and its enrollments at the Webster campus declined by half."
That figure probably includes a pretty substantial estimate of the cost of the building that might otherwise sit empty.
Webster spokesperson Patrick Giblin told local media outlets that the university "was unable to raise a single dollar in endowments to support the program." He noted that it had "invested more than a million dollars per year of its operating budget to support the program during a time when the university was losing millions each year, and its enrollments at the Webster campus declined by half."