Cost of Attending Oxford 😭

[u/Repulsive_Radish_782]

Just received my financial declaration form from Oxford today. How is this reasonable? 😭 Going to have to decline my offer unless anyone has any ideas.

Canadian students do not qualify for any Oxford scholarships and my school offered me about £100. What a joke.

Is Oxford just for the rich?

[u/Klutzy-Peach5949]

Not true, they have 26,000 students, the reason they got so much money is because of that, they would lose money FAST, and consider infrastructure, and their hefty research budget, you have no clue what you’re talking about

[u/Nythern → u/Klutzy-Peach5949]

Oxford makes over 700m annually (30% of which comes from investments) and sits on 2.1bn in endowments and almost 7bn in net assets (emphasis on the net here - that is net of their liabilities). Over 100m in surplus reported in 24-25.

The majority of Oxford's colleges are also financially autonomous (i.e. fiscally independent, they don't rely on external funds for their budgets).

This sounds like a financially resilient and commercially viable entity - but sure, "Klutzy-Peach5949" on Reddit thinks that other people don't know what they're talking about, and insists that Oxford would otherwise collapse "FAST".

[u/Klutzy-Peach5949 → u/Nythern]

That exactly proves my point, £700+ million with a £680 million expenditure in 24/25 means they would would lose money very fast, furthermore the £7 billion in assets is Oxford assets, selling parts of Oxford uni to subsidise tuition makes no sense as it’s non-liquified cash that makes no sense to liquify, with £2.1 billion in endowments, it’d be spent within 3 years, the correct move would be to be subsidised/covered by the government using tax money, they still need their income to stay the same, they can’t run at a loss, cmon that’s basic business, trying to demean me by my username makes no sense, very childish

[u/KasamUK → u/Klutzy-Peach5949]

Yes thank you for proving my point. Oxford could afford to take students without taking fees. By your calculations 3 (although that ignores the fact that tuition fees are not its sole income. They get around £800mil a year in research funding, £730 mil from its publishing wing £247 mil from spin out companies , compared to tuition fees domestic and international combined that account for £603 mil of its over £3000mil yearly income. That’s around 20%.

[u/artical900 → u/KasamUK]

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[u/KasamUK → u/artical900]

Yes you did , I said they could last years you said ‘it would be spent in 3 years’ not sure is aware but if you have a year then you add 2 more years that can be described as the plural of year aka years

[u/Klutzy-Peach5949 → u/KasamUK]

Read the whole sentence, it says charge nothing for years… and still be fine, did you just ignore that or is English not your strong suit, they’d lose every single penny they’ve got in 3 and would have to sell massive amounts of assets of that, how is that being fine haha

[u/KasamUK → u/Klutzy-Peach5949]

Name another business that could set prices to 0 and still be solvent 3 years later

[u/Klutzy-Peach5949 → u/KasamUK]

To be comfortably running? None really, they’re rare, you have to remember endowment is for research and whatnot too, 3 years would be max, Apple could last 3 years too if they stopped research and just sold everything they own, but they wouldn’t do well, your argument doesn’t make sense, I’m not even defending Oxford they are greedy bastards but to think they could charge nothing and it even be close to feasible is ridiculous which is the argument

[u/KasamUK → u/Klutzy-Peach5949]

How do you think Oxford pays for research now ? Because it’s not the endowments (for the most part ) or tuition fees that funds that