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Nebraska's athletic program is entirely self funded--they don't get a dime of state funding. In addition to supporting athletics, they also pump money into the academic programs of the university by financing the marching band, paying $500,000 annually to the general fund to cover admin costs, helping to finance other academic focused buildings on campus etc. We love our Huskers out here, but I don't think we'd love them as much if they were a drain on the academic programs. They help, not hurt, and that doesn't even touch the financial impact of Husker football on businesses in Lincoln and the surrounding area. The article goes on to state that Ohio State has the same model (I didn't know that). I think that's how it should be. Public funds shouldn't cover college athletic programs. If I lived in PA, I'd be even more furious that my tax dollars had gone to support that mess at Penn State.
Its revenue of $72.7 million from football last season was the fifth highest of any college program in the country, according to a CNNMoney analysis of figures reported by each school to the Department of Education.
And when comparing revenue to total expenses, Penn State football's profit of $53.2 million was second only to the University of Texas' total of $71.2 million.
Penn State reported an additional $24.1 million in athletic revenue not specifically assigned to one team or sport. Much of that is in general merchandise sales and sponsorships, and much of that revenue was driven by the popularity of football, according to Marc Ganis, head of SportsCorp Ltd., a sports marketing firm.
As far as the 33% graduation rate figure cited I'm not sure where that came from but PSU was int the top 10 with 87% graduation rate.
Penn State football student-athletes that enrolled in the University from 2001-04 earned a superlative Graduation Success Rate of 87 percent, tied with Stanford for No. 10 overall among the nation's 120 Football Bowl Subdivision (FBS) institutions. Penn State's 87 percent GSR was significantly higher than the 67 percent FBS average and was second to Northwestern (94) among Big Ten Conference institutions, according to the NCAA.
Last edited by thecoalman; 07-22-2012 at 12:40 PM..
Wonder how much money they can get if they sell the statue for the weight in bronze? Perhaps they should re-cast the bronze into the shape of their mascot,...with it's paws covering it's eyes. Better yet, re-cast it into a tribute to those involved. Do the three "hear no evil, see no evil, & speak no evil" monkeys.
Sure take away football at Penn State. **** off an entire class of students as well as hurt local and regional businesses who depend on the games. NCAA would suddenly fins themselveson the receiving end of a hate campaign and I doubt they'd have the stones to keep from pissing themselves .
Then I guess the moral of the story is don't engage in cover-ups of criminal acts.
If it were up to me, I'd levy civil rights violations on university officials, and cut off all federal aid to PU, ooops, PSU, including barring the use of Pell Grants and federally-backed student loans, plus cut off all R&D money.
Morally...
Mircea
Quote:
Originally Posted by helenejen
Universities should be first and foremost about education, not sports. And when a university covers up the rape of children for the sake of their football program, that should be recognized as testament to something much more than misplaced priorities, in fact.
It's more than just appalling. Had the university addressed those issues head-on instead of covering them up, none of this would be happening right now.
Quote:
Originally Posted by mb1547
It's not "twisted vengence"--it's the only way to make them accountable, and to send a message to other college programs that they aren't above the law, and that behavior like this will be dealt with harshly.
Exactly.
I'm not sure which is more disgusting, the fact that the university violated the civil rights of the victims and their families in addition to covering up heinous crimes, or the fact that people are defending Paterno and the university.
If they go that far the football program at PSU won't recover for decades if ever. That's what happened to SMU. While many of you consider that a good thing consider the fact that the football program at PSU does a lot more than just support the football program.
YOu mean like the little kids that were adversely affected?
Wow, so 2 wrongs make a right? Really? it's okay to hurt others because someone else has been hurt, gotcha
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