Posted by Edd in KY on October 27, 2013 at 20:18:38 from (98.23.55.34):
In Reply to: Re: Re: posted by Pops1532 on October 27, 2013 at 17:25:36:
Sorry Pops, My source was NPR but this article from the Wall Street Joournal (ever heard of them?) might also help shed some light on it.
According to the NCAA, 43% of the 120 schools in the Football Bowl Subdivision lost money on their programs. This is the tier of schools that includes such examples as that great titan of football excellence, the University of Alabama at Birmingham Blazers, who went 3-and-9 last season. The athletic department in 2008-2009 took in over $13 million in university funds and student fees, largely because the football program cost so much, The Wall Street Journal reported. New Mexico State University's athletic department needed a 70% subsidy in 2009-2010, largely because Aggie football hasn't gotten to a bowl game in 51 years. Outside of Las Cruces, where New Mexico State is located, how many people even know that the school has a football program? None, except maybe for some savvy contestants on "Jeopardy." What purpose does it serve on a university campus? None
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