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Iowa cuts 4 sports NOT wrestling tho

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Cali_Nittany said:
Thanks for posting that list. I would've never guessed that Texas A&M is #2.
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A&M is also #2 behind only Cal in serviceable debt payments ($23.2MM). By contrast, Penn State pays $3.8MM, Iowa $11.8MM, OSU and UofM are both around $17MM. For those who are interested in seeing where the real costs are coming from and haven't see the Knight Commission Database, I encourage you to check it out below (hint: It isn't Tennis or Swimming scholarships - look for categories such as "Support and Admin Compensation with Severence"), among other things.
http://cafidatabase.knightcommission.org/
 
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PAgeologist said:
Not that I wanted to see iowa or any other wrestling program cut, but could you imagine HR if that happened?
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If that happened, I would become those guys' best friend (in spirit, anyway--I don't think I have the patience for real friendships w/ some of those people). That would be a very dark day.
 
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nerfstate said:
If that happened, I would become those guys' best friend (in spirit, anyway--I don't think I have the patience for real friendships w/ some of those people). That would be a very dark day.
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You're right. But I was more thinking of the it's all Caels fault and conspiracy theory crowd on there.
 
All schools need a serious “re-boot” on their out of control athletic department expenditures. According to the Knight Commission database, athletic scholarships (all sports) account for only 10% of Iowa’s expenses. A good start would be to scale back on the runaway Admin and Support costs which in Iowa’s case account for 18% and coaching salaries (23%). It’s totally ridiculous and the problem is nationwide.
 
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Brian LB-U said:
All schools need a serious “re-boot” on their out of control athletic department expenditures. According to the Knight Commission database, athletic scholarships (all sports) account for only 10% of Iowa’s expenses. A good start would be to scale back on the runaway Admin and Support costs which in Iowa’s case account for 18% and coaching salaries (23%). It’s totally ridiculous and the problem is nationwide.
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True, but the real problem is that total revenue they receive primarily from TV fees. AD's are not for profit, they have zero incentive to bank the revenue, thus it pretty much all gets spent on something. Usually, it gets spent on something frivolous.

Somehow D3 schools can have a lot of sports with one AD and the coaches helping with the support staff activities.
 
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"Due to Covid sports are now getting cut in the BiG 10"

Are you really that naive?

Pretty sure that of all competitive sports, tennis has the most "social distancing" baked in.

Colleges, if they weren't tax exempts, would be where mortgages and banks were, circa 2006. They are completely divorced from economic reality.

I'm an old fa*t, and I started at a Penn State Commonwealth Campus in 1980.

Total Tuition: Three Trimesters @$472 each. $1416 for the entire year. Gas was a little over a buck a gallon then-is it $12.00 now?)

They are going to try to snip around the edges by cutting sports, but until they cut the administrative bloat and the pseudo-intellectual insanity masquerading as academics (i.e., the recent tweet by the Rutgers Math Education PhD candidate- that "2 + 2" isn't always 4 but for culture) they have no idea what's about to hit them because of the proliferation of digital technologies and a birthrate. that began plunging about 12 years ago and so there are going to be a lot fewer freshmen in 2025.

The administrators need a convenient excuse to do what they would have done anyway.
 
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Pitchfork Rebel said:
"Due to Covid sports are now getting cut in the BiG 10"

Are you really that naive?

Pretty sure that of all competitive sports, tennis has the most "social distancing" baked in.

Colleges, if they weren't tax exempts, would be where mortgages and banks were, circa 2006. They are completely divorced from economic reality.

I'm an old fa*t, and I started at a Penn State Commonwealth Campus in 1980.

Total Tuition: Three Trimesters @$472 each. $1416 for the entire year. Gas was a little over a buck a gallon then-is it $12.00 now?)

They are going to try to snip around the edges by cutting sports, but until they cut the administrative bloat and the pseudo-intellectual insanity masquerading as academics (i.e., the recent tweet by the Rutgers Math Education PhD candidate- that "2 + 2" isn't always 4 but for culture) they have no idea what's about to hit them because of the proliferation of digital technologies and a birthrate. that began plunging about 12 years ago and so there are going to be a lot fewer freshmen in 2025.

The administrators need a convenient excuse to do what they would have done anyway.
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Agree. Some facts:
1. Student loan debt is now approximately $1.6 trillion
2. 11% of student loans are more than 90 days delinquent and 5.5 million student loan borrowers are in default

Scott Gallaway, a professor at NYU estimates that between 1,000 and 2,000 of the nation's 4,500 college and universities will be extinct in 5 to 10 years. The schools with high tuition and low endowments are in big trouble. Tuition has increased 1,400% in 40 years.
 
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I was born in 80 and I'm still paying my damn college loans after graduating in 2003. There ya all go a little more insight to who I actually am.
 
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Lyons212 said:
Agree. Some facts:
1. Student loan debt is now approximately $1.6 trillion
2. 11% of student loans are more than 90 days delinquent and 5.5 million student loan borrowers are in default
...

Tuition has increased 1,400% in 40 years.
Click to expand...

Just stunning, TOTALLY unforeseen result of Federal government giving anybody a loan for any course of study. College have literally zero incentive to rein in cost of tuition when fed gov blindly cuts blank checks.
 
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amattaro said:
Just stunning, TOTALLY unforeseen result of Federal government giving anybody a loan for any course of study. College have literally zero incentive to rein in cost of tuition when fed gov blindly cuts blank checks.
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So you are saying all $1.6 trillion of student loan debt is federal? I am not sure about that.
I do not know the facts, mind you.

But yeah, I agree that there has been zero impetus to contain Higher education costs.
 
amattaro said:
Just stunning, TOTALLY unforeseen result of Federal government giving anybody a loan for any course of study. ...
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It’s a national security decision. We just can’t know which course of study will save mankind, so we pay for all of them.

Remember the cautionary tale of the Golgafrinchans, who determined that a substantial portion of their population was completely useless and so exiled them, including the entire telephone sanitizer profession. The joke turned out to be on the Golgafrinchans, however, when they were wiped out by a plague contracted from a horribly dirty telephone.
 
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