Really interesting article...
James Madison University’s football team is on a roll. The Dukes are 9-2 on the season and have advanced to the second round of the Football Championship Subdivision playoffs. The Virginia school even hosted ESPN’s flagship college football broadcast, GameDay, for an earlier contest.
But those wins haven’t come cheap. More than half of the $30 million that James Madison spent on football from 2010 to 2014 came from student fees, according to annual filings with the NCAA. All told, the university poured $146 million in subsidies into its athletics department over that period, spending more than $4 in student money for every $1 it earned from ticket sales, royalties and other outside revenue.
The Huffington Post and The Chronicle of Higher Education have teamed up to tell the story of what the subsidization of college athletics means for universities like James Madison and for the students who are forced to foot the bill, often without their knowledge or real consent. The investigation, which included an analysis of financial records from 201 public universities, reveals a large and growing divide between a handful of colleges with elite sports programs — and those like James Madison that overwhelmingly finance their ambitions with student money.
This is what that divide looks like...
http://projects.huffingtonpost.com/ncaa/subsidy-gap
James Madison University’s football team is on a roll. The Dukes are 9-2 on the season and have advanced to the second round of the Football Championship Subdivision playoffs. The Virginia school even hosted ESPN’s flagship college football broadcast, GameDay, for an earlier contest.
But those wins haven’t come cheap. More than half of the $30 million that James Madison spent on football from 2010 to 2014 came from student fees, according to annual filings with the NCAA. All told, the university poured $146 million in subsidies into its athletics department over that period, spending more than $4 in student money for every $1 it earned from ticket sales, royalties and other outside revenue.
The Huffington Post and The Chronicle of Higher Education have teamed up to tell the story of what the subsidization of college athletics means for universities like James Madison and for the students who are forced to foot the bill, often without their knowledge or real consent. The investigation, which included an analysis of financial records from 201 public universities, reveals a large and growing divide between a handful of colleges with elite sports programs — and those like James Madison that overwhelmingly finance their ambitions with student money.
This is what that divide looks like...
http://projects.huffingtonpost.com/ncaa/subsidy-gap
