Probably depends when you were a student and if you were politically involved. In the early 70s there was lots of turmoil on campus, including riots, and I wouldn't be surprised if there was coverage of BoT decisions in the Daily Collegian. I remember a lot of fuss about the ARL water tunnel, for example.
But it's natural that people aren't too interested in how the sausage is made when the sausage is rolling off the conveyor belt OK. People will care about how the sausage is made when the works get gummed up, though. In that respect, the BoT played its cards right when it cut a deal with the NCAA that didn't shut down football. If they had done that, the students would have been pretty pissed off about the lack of sausage. They would have been protesting BoT meetings along with the alums.