Saturday, September 20, 2014

College Athletics Costs

Since we are heading into football season, I thought this report from Moody's Analytics of about a year ago proved interesting. Roughly 90% of college athletic programs do not cover their own costs and require supplementary funding from the college. In addition, the amount of debt taken on to build snazzy new stadiums ties up the funding available for other programs and capital investments leaving other projects cash-strapped.

1 comment:

  1. Among such "cash-strapped projects" is education. Students go to college for this not sports. The "drunken sailor "spending binge for sports stadiums and buildings are among the many factors responsible for declining enrollment. Athletics does not deserve to be at the top of the pinnacle here so if the tax increase "goes sunset" so should sports on this campus.