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In this edition of Focus Friday, we explore a critical question for Canadian higher education: Do universities truly understand the real cost of their academic programs? Host Tiffany MacLennan is joined by Joanne McKee (CFO, Toronto Metropolitan University), Donna Kotsopoulos (Dean, Faculty of Education, Western University), Jovan Groen (Director of Academic Quality and Enhancement, Western University), and Brandon Dickson (PhD Candidate, University of Waterloo) to discuss how program-level financial sustainability intersects with quality assurance and governance. Drawing on national research, the panel examines why financial viability is rarely integrated into cyclical program reviews, how bicameral governance structures shape decision-making, and what more transparent program costing could mean for institutional sustainability. The conversation emphasizes that this is not about profitability, but about improving data, strengthening shared responsibility, and making informed decisions before crises force change.