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re: VOLS were the most profitable football program in the SEC in the last fiscal year
Posted on 7/16/17 at 1:49 pm to David Ricky
Posted on 7/16/17 at 1:49 pm to David Ricky
I laugh at the ignorance of those who praise the administrators of educational institutions for not spending money on education or student services.
When analyzing revenue and expenses for SEC schools, did you adjust the LSU numbers to reflect the money they sent over to the academic side to help with the core mission of the institution? Nope.
Did you adjust the numbers to account for the subsidy the Texas A&M academic side gives the athletics department by allowing the athletics department to borrow well into eight figures from academics at zero interest and pay it back over decades at $1 mil/yr? Nope.
If your kid's high school shut off the heating and air conditioning to save money and generate a budget surplus, would you praise the decision while your kid was miserable while in the classroom? Nope.
Public universities are given public funds to educate students and prepare them for life. You aren't doing the kids any favors by not spending money that is available. If the athletics department has millions in excess revenue, what favors are you doing by not spending more on their education? Skimping on education spending leads to adults who don't understand the a lot of money available to a university, but not spent on education or student services, is a good thing.
Quit measuring success on how much is available but is not being spent to benefit the students. Government is not supposed to be generating huge sums of unspent money. Money not spent on students is a sign of failure, not success, unless your goal is to see how much the state can take from the people and give back as little as possible.
When analyzing revenue and expenses for SEC schools, did you adjust the LSU numbers to reflect the money they sent over to the academic side to help with the core mission of the institution? Nope.
Did you adjust the numbers to account for the subsidy the Texas A&M academic side gives the athletics department by allowing the athletics department to borrow well into eight figures from academics at zero interest and pay it back over decades at $1 mil/yr? Nope.
If your kid's high school shut off the heating and air conditioning to save money and generate a budget surplus, would you praise the decision while your kid was miserable while in the classroom? Nope.
Public universities are given public funds to educate students and prepare them for life. You aren't doing the kids any favors by not spending money that is available. If the athletics department has millions in excess revenue, what favors are you doing by not spending more on their education? Skimping on education spending leads to adults who don't understand the a lot of money available to a university, but not spent on education or student services, is a good thing.
Quit measuring success on how much is available but is not being spent to benefit the students. Government is not supposed to be generating huge sums of unspent money. Money not spent on students is a sign of failure, not success, unless your goal is to see how much the state can take from the people and give back as little as possible.
This post was edited on 7/16/17 at 1:52 pm
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