So, adjusting for inflation, that meal would be around $8.75 today. And with todays food prices, and today's higher minimum wage, it is still profitable.
NO ONE would pay $9 for this meal today, but we were paying $2.50 for it 2 decades ago.
A microwave hamburger patty is $0.90, a bun is $0.18, a gala apple is $0.65 - these are grocery store prices, not bulk orders from suppliers. But that comes out to $1.73 vs $1.75 ($0.50 adjusted for 20 years of inflation).
EDIT: As others have stated my inflation calculation is off by about 2x, but the point still stands, I can remake the same meal today at grocery store prices for less than the school meal cost 20 years ago when they were buying for 2000-3000 meals per day. There was definitely a profit being made on those meals. Along with all the other fees we were required to pay to attend our public school.
But if you believe that you can sell any meal for 80% profit you should definitely open a restaurant.
Even back then 50 cents a lunch for food is not a real number. Also, reduced and free lunches generally accounted for ~40% of students, and getting reimbursed for that from the federal program required pretty tight bookkeeping.
There was a number I heard years ago (after I graduated, and went back to work for the school district), that high-90s% of the students met the reduced/free lunch, but only 10% took it. My mom and dad paid for all 4 of use to have our lunch at full price even though my mom and dad together brought home under $30k for most of my childhood.
Even now, the school district actually offers free lunches to ALL students regardless of income levels, and again, very few families have signed up for it.
Also, the application for reduced lunch was included with the registration for the school so uptake was pretty high. At the time the district was legally compelled to feed kids whether they paid or not, so they were incentivized to maximize the reimbursement from the federal government to defray the costs.
Not sure what the free lunch is now days, but probably not peanut related.
Meanwhile, a friend worked at Sidwell Friends for a few years and she said the food there was better than most restaurant offerings. It's good to be rich and powerful.
> Jamie's School Dinners is a four-episode documentary series that was broadcast on Channel 4 in the United Kingdom from 23 February to 16 March 2005. The series was recorded from Spring to Winter of 2004 and featured British celebrity chef Jamie Oliver attempting to improve the quality and nutritional value of school dinners at Kidbrooke School in the Royal Borough of Greenwich.
> Oliver had his work cut out for him: firstly, the daily budget for school dinners was a mere 37 pence per child.
That's currently 47¢. Wages and other costs are different, but it's in the ballpark.
https://www.govinfo.gov/content/pkg/FR-2022-07-26/pdf/2022-1...
Maybe things are worse in the UK or food is that much cheaper - but I suspect Jamie excluding certain funding sources for the sake of drama is more likely.
However, no-one disputed the figures, and the government very quickly set 50p as a recommended minimum.
This is a longer article from a year after the show aired: https://www.theguardian.com/education/2006/jun/25/schools.uk