Quelle question!
Are vous insane, Wall Street Journal? Look at my last post! T-a-a-ax Ex-emp-tion! And why tax exemption? Because athletics at U Miami are an intrinsic, inherent, ineluctable, innate, inspirational, and – fuck it – intellectual part — part and parcel! – of that institution! Students can’t think straight without a football team! Plus these grand spectacles of sportsmanship and amateurism deepen our students’ moral sense. It’s all about integrity – on the field and off.
There’s a chance that losing football could, in fact, have a positive effect the school’s academic reputation — not to mention donations to support academics. Jonathan Willner, an economics professor at Oklahoma City University, said that in recent years, athletic donations have been eating into some schools’ academic endowments: Some donors who would have given money to a university’s general fund have started giving gifts directly to athletic departments instead. So while the end of football would “certainly see gifts to athletic department drop precipitously, it could increase gifts to university’s other activities,” he said.
While [Southern Methodist University’s] football team returned to the field two years after its suspension, it hasn’t returned to its previous heights. The school has made other strides, though: it said its average SAT scores for incoming students are up compared to 10 years ago. The school said its endowment has grown to $1.07 billion, more than double the pre-penalty total.
Academic improvements help attract donations and out-of-state tuition. SMU’s recent fundraising campaign almost doubled its original goal by raising $542 million from 1997-2002, the school said, providing 80 endowments for academic programs.
Oh shut up.