It was a while ago, but I think I was referring to the cost of taking the course not the cost of offering it. With that said, ASU has to be getting some great economies of scale.
Yes, but the state taxpayers and their representatives aren't big fans of financially supporting the online education of students who never step foot in the state. Changes likely on the way.
I hope you don't mind @geaux_sioux but I've updated your first post to reflect the recent commits. I'll try to keep up until Jim gives you the authority.
The Legacy Fund was established by vote of the state's residents. Personally I like the current idea of using the investment income from it to buy down and eventually eliminate residential property taxes.