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Wednesday, January 03, 2007
With all of this help from us, students, the government, and all... ...almost every university sports program loses money. Bigtime. Even when they report how much they lose, economists tend to believe they're not really disclosing how shitty things are. Many economists "think deficits [are] probably greater" than what universities report. Economists are "skeptical that athletic departments fully accounted for the use of services funded by the general university, including administrative time and services." [S]ports spending is growing two to three times faster than university spending as a whole. According to USA Today, athletic expenses in Division I-A increased about 8 percent per year from 2002-03 to 2004-05. |