Professional Documents
Culture Documents
Monthly
Monthly Subsidized Monthly Monthly Monthly Monthly
Fiscal Core Rent Rent Food Medical Education
Year Rent Payment Subsidy Subsidy Subsidy Subsidy
1973 $520 $0 $0 $30 $78 $126
1974 $530 $0 $0 $31 $81 $153
1975 $540 $0 $0 $32 $84 $180
1976 $550 $0 $0 $33 $87 $207
1977 $560 $80 $480 $34 $90 $234
1978 $570 $90 $480 $35 $93 $261
1979 $580 $100 $480 $35 $96 $288
1980 $590 $110 $480 $40 $99 $315
1981 $600 $120 $480 $45 $102 $342
1982 $610 $130 $480 $50 $105 $369
1983 $620 $140 $480 $55 $108 $396
1984 $630 $150 $480 $60 $111 $423
1985 $640 $160 $480 $65 $114 $450
1986 $650 $170 $480 $70 $117 $477
1987 $660 $180 $480 $75 $120 $504
1988 $670 $190 $480 $80 $123 $531
1989 $680 $200 $480 $85 $126 $558
Year Data Data Computed Data Data Data
Page 1
Costs 1973-1989
Yearly
Subsidy
Average Government +
Overall Admin Government
Monthly Yearly Government Costs Admin
Subsidy Fiscal Subsidy Administration Yearly Costs
Subtotal Year Subtotal Cost Subtotal Subtotal
$234 1973 $2,808 42.50% $4,002 $6,810
$265 1974 $3,180 43.15% $4,554 $7,734
$296 1975 $3,552 43.80% $5,108 $8,660
$327 1976 $3,924 44.45% $5,670 $9,594
$838 1977 $10,056 45.10% $14,592 $24,648
$869 1978 $10,428 45.75% $15,200 $25,628
$899 1979 $10,788 46.40% $15,794 $26,582
$934 1980 $11,208 47.05% $16,482 $27,690
$969 1981 $11,628 47.70% $17,176 $28,804
$1,004 1982 $12,048 48.35% $17,874 $29,922
$1,039 1983 $12,468 49.00% $18,578 $31,046
$1,074 1984 $12,888 49.65% $19,288 $32,176
$1,109 1985 $13,308 50.30% $20,002 $33,310
$1,144 1986 $13,728 50.95% $20,724 $34,452
$1,179 1987 $14,148 51.60% $21,450 $35,598
$1,214 1988 $14,568 52.25% $22,180 $36,748
$1,249 1989 $14,988 52.90% $22,918 $37,906
Computed Subtotal Data Subtotal Subtotal
$175,716 Average $261,592 $437,308
is
47.70%
Page 2
Costs 1973-1989
Calculate Correcting
Constant Yearly Total
Correcting to Subsidy System
Total Correct + Costs
Yearly System for Government for
US Costs for 2009 Admin 2009
Nominal Inflation Fiscal Constant Costs Constant
Inflation Total Year Dollars Subtotal Dollars
3.85% $7,074 1973 4.137 x $7,074 → $29,268
3.95% $8,040 1974 4.056 x $8,040 → $32,607
4.05% $9,012 1975 3.974 x $9,012 → $35,811
4.15% $9,994 1976 3.892 x $9,994 → $38,896
4.25% $25,696 1977 3.810 x $25,696 → $97,905
4.35% $26,744 1978 3.728 x $26,744 → $99,709
4.45% $27,766 1979 3.646 x $27,766 → $101,248
4.55% $28,950 1980 3.565 x $28,950 → $103,197
4.65% $30,144 1981 3.483 x $30,144 → $104,987
4.75% $31,344 1982 3.401 x $31,344 → $106,601
4.85% $32,552 1983 3.319 x $32,552 → $108,046
4.95% $33,770 1984 3.237 x $33,770 → $109,326
5.05% $34,994 1985 3.156 x $34,994 → $110,426
5.15% $36,228 1986 3.074 x $36,228 → $111,355
5.25% $37,468 1987 2.992 x $37,468 → $112,101
5.35% $38,716 1988 2.910 x $38,716 → $112,667
5.45% $39,972 1989 2.828 x $39,972 → $113,052
Data Total Total
Average $458,464 $1,527,203
is
4.65%
Page 3
Costs 1973-1989
Page 4
Costs 1973-1989
Page 5
Costs 1993-2009
Monthly
Monthly Subsidized Monthly Monthly Monthly
Fiscal Core Rent Rent Food Medical
Years Rent Payment Subsidy Subsidy Subsidy
1993 $700 - $170 → $530 + $104 + $150 +
1994 $710 - $170 → $540 + $104 + $160 +
1995 $720 - $175 → $545 + $107 + $170 +
1996 $730 - $175 → $555 + $107 + $180 +
1997 $740 - $175 → $565 + $107 + $190 +
1998 $750 - $185 → $565 + $113 + $200 +
1999 $760 - $185 → $575 + $113 + $210 +
2000 $770 - $185 → $585 + $113 + $220 +
2001 $780 - $190 → $590 + $116 + $230 +
2002 $790 - $190 → $600 + $116 + $240 +
2003 $800 - $195 → $605 + $119 + $250 +
2004 $810 - $195 → $615 + $119 + $260 +
2005 $820 - $195 → $625 + $119 + $270 +
2006 $830 - $200 → $630 + $122 + $280 +
2007 $840 - $200 → $640 + $122 + $290 +
2008 $850 - $205 → $645 + $125 + $300 +
2009 $860 - $210 → $650 + $128 + $310 +
Years Data Data Computed Data Data
total Computed Average
16 is
$230
Page 6
Costs 1993-2009
Page 7
Costs 1993-2009
Yearly
Total
Overall Subsidy Correct
Admin Yearly Corrected for
Costs US for 2009
Corrected Nominal Inflation Fiscal Constant
Total Inflation Total Year Dollars
→ $23,215 + 4.66% = $24,296 1993 2.305 x
→ $645,444 + 4.66% = $675,528 1994 2.224 x
→ $649,748 + 4.67% = $680,069 1995 2.143 x
→ $647,438 + 4.67% = $677,687 1996 2.062 x
→ $1,769,296 + 4.68% = $1,852,060 1997 1.981 x
→ $651,279 + 4.68% = $681,781 1998 1.900 x
→ $653,809 + 4.69% = $684,466 1999 1.819 x
→ $1,825,943 + 4.69% = $1,911,664 2000 1.738 x
→ $1,787,838 + 4.70% = $1,871,870 2001 1.657 x
→ $1,829,909 + 4.71% = $1,916,021 2002 1.576 x
→ $1,815,579 + 4.71% = $1,901,118 2003 1.496 x
→ $1,848,818 + 4.72% = $1,936,026 2004 1.415 x
→ $27,130 + 4.72% = $28,411 2005 1.334 x
→ $27,448 + 4.73% = $28,745 2006 1.253 x
→ $27,805 + 4.73% = $29,121 2007 1.172 x
→ $28,107 + 4.74% = $29,439 2008 1.091 x
→ $20,942 + 4.74% = $21,936 2009 1.010 x
→ Subtotal Data Total Years
$14,279,745 Average $14,950,238 total
is 16 Provisional
4.70%
Page 8
Costs 1993-2009
Yearly
Total Nominal
Subsidy Corrected Yearly Model
Corrected for Tertiary Costs
for 2009 Education Educational
Inflation Constant Cost Fiscal Index
Subtotal Dollars Guesstimate Year Yearly
$24,296 → $55,994 $1,250,830 1993 $7,712
$675,528 → $1,502,196 1994 $714,294
$680,068 → $1,457,270 Weighted 1995 $731,878
$677,687 → $1,397,336 Years 1996 $6,713,692
$1,852,059 → $3,668,946 14.0 1997 $590,750
$681,780 → $1,295,452 1998 $6,502,784
$684,465 → $1,245,174 Years 1999 $981,246
$1,911,663 → $3,323,010 Enrolled 2000 $900,670
$1,871,869 → $3,102,386 10.0 2001 $75,344
$1,916,020 → $3,020,538 2002 $118,020
$1,901,118 → $2,843,228 Paying 2003 $123,092
$1,936,026 → $2,738,792 Tertiary 2004 $42,744
$28,411 → $37,894 Debt 2005 $4,274
$28,745 → $36,014 4.0 2006 $2,994
$29,121 → $34,128 2007 $1,708
$29,438 → $32,118 2008 $414
$21,935 → $22,158 2009 $0
Total Total Total
$14,950,229 $25,812,634 $17,511,616
Provisional Provisional
Page 9
Costs 1993-2009
Page 10
Costs 1993-2009
Boolean
TRUE
Enrolling
Enrolled
Paying
Tertiary
Debts
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
0
Page 11
Future Costs
Monthly
Monthly Monthly Rent Monthly Monthly
Fiscal Core Subsidized Subsidy Food Medical
Year Rent Rent Amount Subsidy Subsidy
2009 $860 - $210 → $650 + $128 + $315 =
Page 12
Future Costs
US
Yearly Yearly
Average Govt
Monthly Yearly Governmental Admin
Subsidy Subsidy Administration Costs
Subtotal Year Subtotal Cost Subtotal
$443 2009 $5,316 x 62.14% = $3,303
Page 13
Future Costs
Admin Final
Costs US US
+ Yearly Yearly
Yearly Nominal Costs for
Costs Inflation Inflation
Subtotal Cost Total Notes
→ $8,619 + 4.85% = $9,037 Initialization vector
Page 14
IRS Payoff Horizon
Page 15
IRS Payoff Horizon
Income Amount
Year Needed Tax Rate IRS paid Tax Rate
2009 $1,844,187 - 34.66% = $932,860 34.66%
2010 $1,827,677 - 33.45% = $916,350 33.45%
2011 $1,840,556 - 34.39% = $929,229 34.39%
2012 $1,832,548 - 33.80% = $921,221 33.80%
2013 $1,840,348 - 34.37% = $929,021 34.37%
2014 $1,829,754 - 33.60% = $918,427 33.60%
2015 $1,826,569 - 33.37% = $915,242 33.37%
2016 $1,822,415 - 33.06% = $911,088 33.06%
2017 $1,848,801 - 34.99% = $937,474 34.99%
2018 $1,844,062 - 34.65% = $932,735 34.65%
2019 $1,823,248 - 33.13% = $911,921 33.13%
2020 $1,851,619 - 35.20% = $940,292 35.20%
2021 $1,826,468 - 33.36% = $915,141 33.36%
2022 $1,828,612 - 33.52% = $917,285 33.52%
2023 $1,834,408 - 33.94% = $923,081 33.94%
2024 $1,861,632 - 35.93% = $950,305 35.93%
2025 $1,850,745 - 35.13% = $939,418 35.13%
2026 $1,822,006 - 33.03% = $910,679 33.03%
2027 $1,837,106 - 34.14% = $925,779 34.14%
2028 $1,834,466 - 33.95% = $923,139 33.95%
2029 $1,835,953 - 34.05% = $924,626 34.05%
2030 $1,828,012 - 33.47% = $916,685 33.47%
2031 $1,844,188 - 34.66% = $932,861 34.66%
2032 $1,853,427 - 35.33% = $942,100 35.33%
2033 $1,830,002 - 33.62% = $918,675 33.62%
2034 $1,834,065 - 33.92% = $922,738 33.92%
2035 $1,842,359 - 34.52% = $931,032 34.52%
2036 $1,850,715 - 35.13% = $939,388 35.13%
2037 $1,850,826 - 35.14% = $939,499 35.14%
2038 $1,828,970 - 33.54% = $917,643 33.54%
2039 $1,843,275 - 34.59% = $931,948 34.59%
F9 : Recalc
Page 16
IRS Payoff Horizon
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Imputed data
Page 17
Summary
F9 : Recalc
Page 18
Summary
Notes Source
Page 19
Donate $1000
Page 20
Donate $1000
F9 : Recalc
Page 21