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SEC university debt.
Posted on 8/15/16 at 12:06 pm
Posted on 8/15/16 at 12:06 pm
Post your school's debt here, if you're not too ashamed of it.
Mizzou: 700 million, 1.6 billion debt system wide.
Mizzou: 700 million, 1.6 billion debt system wide.
5
Posted on 8/15/16 at 12:09 pm to RocketBallz
Only Mizzou fans would know or care.
Posted on 8/15/16 at 12:12 pm to Rzrbackguy
I need to know, thinking about buying a couple.
Posted on 8/15/16 at 12:15 pm to RocketBallz
I always assume that "debt" as listed by a public institution is simply accounting manipulation and justification for raising tuitions.
Posted on 8/15/16 at 12:15 pm to RocketBallz
How would one even find this out?
Posted on 8/15/16 at 12:17 pm to Numberwang
I found Mizzou's by googling. They also have a bond rating that lets you know if financial people think it's too high.
Posted on 8/15/16 at 12:28 pm to RocketBallz
Posted on 8/15/16 at 12:52 pm to East Coast Band
quote:
I always assume that "debt" as listed by a public institution is simply accounting manipulation and justification for raising tuitions.
bonds and such are treated as debt
Posted on 8/15/16 at 1:26 pm to East Coast Band
quote:
I always assume that "debt" as listed by a public institution is simply accounting manipulation and justification for raising tuitions.
You assume incorrectly.
For the record, Alabama's total current and non-current liabilities are $1.98 billion. Auburn's are $1.65 billion.
Both increased substantially last year to recognize about $500 million each in RSA pension liabilities after implementing GASB 68.
Posted on 8/15/16 at 1:32 pm to RocketBallz
quote:
Mizzou: 700 million, 1.6 billion debt system wide.
Are you referring only to a specific type of debt? UM's financial statements for the most recent year show $3.2 billion in liabilities.
Posted on 8/15/16 at 1:55 pm to Crimson Wraith
Cool story. Original too.
Posted on 8/15/16 at 2:14 pm to Evolved Simian
Posted on 8/15/16 at 3:24 pm to Numberwang
a couple years ago there was a graph posted, it may have just been athletic departments though. Bama was far ahead of everyone else in their debt load. Tennessee and LSU were up there at the top and I think the Mississippi schools were to due to their new facilities they had broken ground on building.
Arkansas is surely much higher now since we've begun a stadium expansion and I'm sure A&M's is pretty high from their recent Kyle Field makeover.
Arkansas is surely much higher now since we've begun a stadium expansion and I'm sure A&M's is pretty high from their recent Kyle Field makeover.
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