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“Dennis Coates, an economist at the University of Maryland Baltimore County, said college sports may not be the best use of tax exemptions.”

Coates warms to his theme:

“If we are going to allow charitable donations, we should think about what the ultimate purpose of those donations happens to be,” Coates said in an interview. “When one thinks of charity, they don’t think of charity flowing to the head football coach of a big state university.”

Coates also questioned muni financing for stadiums. “Using the borrowing power of the state and tax-exempt interest to build stadiums for sporting events isn’t the real purpose of the university, either,” he said.

The state of Washington, which isn’t totally insane, refused to pay through direct taxation for a University of Washington stadium renovation which will sideline and rip off students, but will be wonderful for corporations.

The university will do the deed anyway, taking advantage of indirect tax subsidies.

And here’s the horseshit from the university about how lucrative the new stadium’s going to be.

The Huskies estimate that the new suites and premium seating will raise $16 million a year in donations.

Additionally, the athletic department projects that other stadium-related revenue, such as ticket sales, naming rights and concessions‚ will increase by $17 million, or 57 percent, to $47.5 million annually, according to Assistant Athletic Director Carter Henderson. That will more than cover payments on the stadium debt of $15.9 million, the school says.

That’s absolutely gonna happen.

Margaret Soltan, January 1, 2013 4:27PM
Posted in: sport

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UD REVIEWED

Dr. Bernard Carroll, known as the "conscience of psychiatry," contributed to various blogs, including Margaret Soltan's University Diaries, for which he sometimes wrote limericks under the name Adam.
New York Times

George Washington University English professor Margaret Soltan writes a blog called University Diaries, in which she decries the Twilight Zone-ish state our holy land’s institutes of higher ed find themselves in these days.
The Electron Pencil

It’s [UD's] intellectual honesty that makes her blog required reading.
Professor Mondo

There's always something delightful and thought intriguing to be found at Margaret Soltan's no-holds-barred, firebrand tinged blog about university life.
AcademicPub

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truffula, commenting at Historiann

Margaret Soltan at University Diaries blogs superbly and tirelessly about [university sports] corruption.
Dagblog

University Diaries. Hosted by Margaret Soltan, professor of English at George Washington University. Boy is she pissed — mostly about athletics and funding, the usual scandals — but also about distance learning and diploma mills. She likes poems too. And she sings.
Dissent: The Blog

[UD belittles] Mrs. Palin's degree in communications from the University of Idaho...
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Professor Margaret Soltan, blogging at University Diaries... provide[s] an important voice that challenges the status quo.
Lee Skallerup Bessette, Inside Higher Education

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Sean Dorrance Kelly, Harvard University

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Roland Greene, Stanford University

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Perplexed with Narrow Passages

Margaret Soltan is no fan of college sports and her diatribes on the subject can be condescending and annoying. But she makes a good point here...
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University Diaries by Margaret Soltan is one of the best windows onto US university life that I know.
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