Reply to thread

Message: [QUOTE="nelsonmuntz, post: 5034924, member: 833"] That is completely different. The U.S. government has programs to help people pay rent and have housing. If the government does not do that, some people will not have housing. Someone has to own those housing units, so PE firms stepped up because they knew there was demand for the rental properties. It is actually in the government's interest for investment capital to come into affordable housing, so the relationship makes sense. Student fees do not have to be paid to athletics at all. The schools choose to do it because it helps with marketing and alumni and students like it. Why would the school, instead of paying money into its football team, pay student fees to a private equity firm? Why would the school do that? The transaction you are proposing the PE firms do is pay the schools for a piece of their athletic department, then have the schools pay back the PE firms every year with student fees because....reasons? And who does the PE firm sell their piece of the athletic program too when they want to get out, as they are contractually obligated to do at the end of their fund's life? [/QUOTE]