Cost Calculations for Expenses and Lost Revenue Related to High Risk Drinking
Working with Counseling and Psychological Services (CAPS), the Student Wellness Office, Risk Management, the Office of Student Rights & Responsibilities, University Police Department, the University Fire Department and Housing, the Student Data Steward developed a cost calculator for estimating expenses and lost revenue related to high-risk drinking on Purdue’s campus. The cost to Purdue is over $21 million for 2011-12, a staggering number by any comparison. Furthermore, this figure in no way counts the cost of lost lives, personal illness, injuries, or lost educational or occupational opportunities.
|Total estimated Tuition and Fees revenue lost over 4 years||$14,987,659.79*|
|Total estimated Room and Board revenue lost over 4 years||$ 6,346,442..85*|
|Counseling, Property Damage, Judicial Affairs, Public Safety, Transport Costs||$49,774.49*|
This report has been shared with the Purdue Alcohol Summit.
Full Report for Academic Year 2011-12 (198KB Excel workbook)
*Included in these figures are extrapolated revenues over 4 years, assuming that students discontinuing their Purdue education would have persisted enrollment and lived in a residence hall during the time.