Temple University Japan continues to lose money.

The recently released 2012 financials show a loss of $1.7 million. This does NOT include the hidden rent expense, which I estimate at $2 million additional.

Someday the Pennsylvania government will get on top of this. It’s very likely that Temple’s Japan project has cost the university upwards of $70 or $80 million in the past 30 years. Wouldn’t it have been better to do an exchange program, as practically all other schools do when it comes to offering a program in Japan?

Why do the taxpayers, through the Commonwealth appropriation, have to backstop and subsidize Temple when it engages in these kinds of things?

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