4 ms·
In my experience, people in academia were motivated by power. Money can be used for prestige things (such as a football team), or for vanity spending, etc. Some
by pyrale 8y ago
In my experience, people in academia were motivated by power. Money can be used for prestige things (such as a football team), or for vanity spending, etc. Sometimes, equipment is bought with no real use cases, sometimes purchases are duplicated because the people using it don't get along well, etc.
- petronic 8y agoMost large (and thus expensive) athletic programs are more than self-funding due to ticket sales and alumni donors. The real sucking force is all of the administrative positions that now outnumber educators.
- Footkerchief 8y agoNope, the vast majority of college athletics programs are unprofitable, even large ones: https://www.politifact.com/virginia/statements/2014/dec/22/jim-moran/moran-says-only-20-colleges-make-profit-sports/ https://www.politifact.com/virginia/statements/2014/dec/22/j... > There are 346 Division I schools. Of them, 123 are classified as members of the Football Bowl Subdivision, the top tier of sports competition. These are colleges and universities that are eligible to compete in bowl games and have average attendance of at least 15,000 at their home games. [...] "A total of 20 athletics programs in the FBS reported positive net revenues for the 2013 fiscal year."
- casefields 8y agoUnprofitable if you exclude alumni donations, to which most come calling all the time.
- baud147258 8y agoBut then alumni donation don't go to actual education, instead proping up oversized sport dept