COLLEGE ATHLETICS ARE TAKING FUNDING AWAY FROM ACADEMICS AND STUDENT SERVICES
According to the Knight Commission on Intercollegiate Athletics: Division I schools with football spent $91,936 per athlete in 2010, seven times the spending per student of $13,628. Division I universities without football spent $39,201 per athlete, more than triple the average student spending.
What’s worse, the majority of schools lose money on sports so that even after private donations and ticket sales, universities must fill the gap for athletics by tapping students paying tuition or taxpayers.
“The lethal combination of exploding spending, tuition and student debt could lead to a wider financial crisis, reminiscent of the Internet bubble of the late 1990s or the housing bubble in the late 2000s.”
Why We Should Care
As colleges and students face increasing spending, tuition and student debt, many are beginning to question all of the money spent on sports.
Our Time Opinion
We need to re-evaluate our educational priorities.