budget

Big Surprise: Athletic Departments are Bleeding Universities Dry

Athletic budgets are strangling University financesThere's a great op-ed from the Chronicle of Higher Education I just got forwarded. It lays out the case that many athletic departments (especially those in Division I), when their financial books are opened to the sunlight, are draining immense amounts of money from their parent institutions. Money that could be used to fund scholarships, loan repayment programs, and upgrade academic facilities.

Syndicate content