Math Quiz — NYT Learning Network

Through Math for America, I am part of an ongoing collaboration with the New York Times Learning Network.  My latest contribution, a Test Yourself quiz-question, can be found here:

Test Yourself Math — March 6, 2013

This question is about how the Cooper Union is contemplating an end top its longstanding no-tuition policy, due in part to a current $12 million operating loss.  How much would Cooper Union have to charge in tuition to cover that loss?