The 10-day, 90-hour course is taught in a luxury hotel and can cost a whopping 100,000 yuan, or about $16,000

Can cost $16,000, not does cost $16,000.

Why 'can'? As noted on Institute Sarita's website, participants in the course can choose "optional accommodation at Park Hyatt Hotel" which ranges in price from (a minimum) $410.00 per day to $1,060.00 per day.

Sensationalism sells newspapers.

But don't let me interfere. By all means, carry on believing everything you read in the newspapers (and newspaper reports posted online).