Whether we are or we aren’t.......the correct answer is that we should. It literally does nothing for the athletic program except lose money and create headaches.We are not cutting football. Why do people keep bringing this up?....
Whether we are or we aren’t.......the correct answer is that we should. It literally does nothing for the athletic program except lose money and create headaches.We are not cutting football. Why do people keep bringing this up?....
Cut football, keep tailgating.Whether we are or we aren’t.......the correct answer is that we should. It literally does nothing for the athletic program except lose money and create headaches.
Unfortunately, it's time to get down to NCAA minimum for at least men's sports.
Basketball, Football, Baseball, Hockey, Soccer are untouchable. Need 1 more to meet NCAA reqs. Tennis seems the cheapest? Would say XC but it's unlikely to keep XC and cut track.
Women's the untouchables would have to be Basketball, Field Hockey, Softball, Ice Hockey, Soccer, Volleyball, Lax. Need 1 from what remains. Tennis or Rowing, maybe you keep XC and Track as the coaches and athletes would overlap.
They’re landlocked, not water free. Rowing isn’t done in the ocean, it’s typically in a river or narrow lake that I’m sure there’s plenty of in Kansas.I remember one book I read about big money in college football that talked about crew as a great counter to football for title ix. That’s why land locked Kansas st has a crew team. So that doesn’t go anywhere.
You're damn right most are endowed. Those speedos though...Can't drop womens sports teams b/c of football. The teams you cite (track and swim) the men and women basically share facilities and coaches, and are fairly low cost (buses for road trips, minimal equipment costs) I know for mens swimming, there are very few scholorships and I believe most are endowed. Not much savings there
I'm not following this. Say MSRP tuition is $100. The master's student gets a grant of $25 as an incentive to attend so the revenue number associated with him is $75. Are you say that the the unit only gets credit for $50, which would be actual revenue less discount? Because that makes zero sense from an accounting position.
Back to scholarships... I believe that scholarship academic grants are coming out of a single pool so you need to account for how you allocate it, but sports scholarships are not using that money. It is just a discount of tuition to cost. If schools truly use a per student expenditures made analysis the cost should be much less than the nominal (MSRP) tuition.
I actually don't doubt that Upstater is right about how they account for it. It doesn't make it accurate or meaningful.
I fondly recall Dick Norgaard as my UConn finance 101 professor trolling his wife (who was my managerial accounting professor). He put up a picture of the Empire State Building and said, what is this worth? What would an accountant say it is worth? The answer: nothing. It's fully depreciated. It sits on the books as zero.
I think the same concept is at work here. The actual cost of an athletic scholarship is not full out of state, because you would never replace those students (often minorities and underprivileged) with students paying full freight.
When you say tuition makes up between 25 to 30% of total student expenditure, how are you defining tuition? Is that the actual net amount received or the gross amount listed as tuition before grants? How is the shortfall made up?The way we do it at SUNY is we count total expenditures per student. So, the tuition may very well only be $7k for in state students, but the unit is spending $20k per student. Every in-state student counts as a $13k loss for the unit right off the bat. So that money must be made up in other ways, mainly through MA students, foreign students, grants, fundraising, etc.
"If schools truly use a per student expenditures made analysis the cost should be much less than the nominal (MSRP) tuition."
Tuition makes up between 25%-33% of the total expenditure per student.
Why would eliminating humanities, not that I’m advocating for that, raise costs? Is it just that the other options to make up those credits would be more expensive to produce?At state universities? It's pretty competitive. There's actually a cap at most schools on out-of-staters and foreign students, as they try to reserve seats for taxpaying in-staters.
Schools have budgets which are finite. Any money not arriving lowers the total budget. The money is unfortunately very real. And I say unfortunately because I could make an excellent case that my classes, which don't even require electricity and lighting, are bargains for the university and they're always in the black. But the accounting system works against us (and for us, in a way, since getting rid of the Humanities would skyrocket costs across the university).
Worked for North Carolina.Can't we just cut classes and leave sports?
Why would eliminating humanities, not that I’m advocating for that, raise costs? Is it just that the other options to make up those credits would be more expensive to produce?
When you say tuition makes up between 25 to 30% of total student expenditure, how are you defining tuition? Is that the actual net amount received or the gross amount listed as tuition before grants? How is the shortfall made up?
If spending is 20,000 per student, what is undiscounted out of state tuition?
I always appreciate your expertise and wealth of information on this subject.
This is my point precisely. If the charge back for scholarship students is the full out of state rate it does not reflect the actual cost of education (including housing) of the student. Instead it is an idealized and typically unrealized number that reflect a disproportionate profit component. The cost of education piece would seem to be a more appropriate number as the inter-department charge-back.Out-of-state tuition is different at every school, but for the vast majority of publics, it far exceeds expenditures, especially foreign student tuition. Those students are big profit sources for the university.
.500?! .500?! We can't even win a game! You're talking about .500?!This cutting is coming to most colleges/ universities. There are those who have already cut up to 10% on salaries. Nobody should be surprised by any cuts the athletic department must make as well as the academic programs.
Cancelling the NCAA tournaments was a massive financial loss. Every university/ college is affected by this.
As to UConn football, I am not a fan of Edsel. His return plus 3 bad coaches prior have pretty much killed the football program. Let's see what happens this year with an indy schedule. If Edsel can't produce at least a 500 team this coming season, he needs to go.
This is my point precisely. If the charge back for scholarship students is the full out of state rate it does not reflect the actual cost of education (including housing) of the student. Instead it is an idealized and typically unrealized number that reflect a disproportionate profit component. The cost of education piece would seem to be a more appropriate number as the inter-department charge-back.
Again, I always appreciate your insight on this stuff. I learn something pretty much every time you share it.