The story is Aggie football related because of the university funds spent by Auburn on their football team.
The Wall Street Journal published a very interesting article this morning showing the drastic increase in spending by Auburn University. It is behind the pay wall, but here are a couple of excerpts.
https://www.wsj.com/us-news/education/breaking-down-spending-at-one-of-americas-priciest-public-colleges-2d74ec48
"In recent decades, Auburn University added hundreds of millions of dollars in spending to its budget. The additional money didn't go to the English department, nor to the sociology department. Some science departments only got a trickle more.
Instead, much of the money went toward administrative salaries, buildings and, no surprise, sports. "
"Auburn's spokeswoman said that athletics is "self-sustaining" from ticket sales, donor gifts and media rights. But budget documents show the school reported taking about $6 million from student fees in 2016 for athletics, in today's dollars."
I like college sports. I recognize that they are big part of a colleges brand. I think that students should be able to choose to pay for them by purchasing ticket packages. I don't think college sports provide an educational value. I don't think universities should be subsidizing them academic fees.
I worry that the amount of funding from the universities only have to increase with the new NIL demands on the boosters. That is just gonna make college a more expensive endeavor for all of our children.
The Wall Street Journal published a very interesting article this morning showing the drastic increase in spending by Auburn University. It is behind the pay wall, but here are a couple of excerpts.
https://www.wsj.com/us-news/education/breaking-down-spending-at-one-of-americas-priciest-public-colleges-2d74ec48
"In recent decades, Auburn University added hundreds of millions of dollars in spending to its budget. The additional money didn't go to the English department, nor to the sociology department. Some science departments only got a trickle more.
Instead, much of the money went toward administrative salaries, buildings and, no surprise, sports. "
"Auburn's spokeswoman said that athletics is "self-sustaining" from ticket sales, donor gifts and media rights. But budget documents show the school reported taking about $6 million from student fees in 2016 for athletics, in today's dollars."
I like college sports. I recognize that they are big part of a colleges brand. I think that students should be able to choose to pay for them by purchasing ticket packages. I don't think college sports provide an educational value. I don't think universities should be subsidizing them academic fees.
I worry that the amount of funding from the universities only have to increase with the new NIL demands on the boosters. That is just gonna make college a more expensive endeavor for all of our children.
v/r