FanShot

Rutgers Football Flunks Profit Test As Students Must Pay $1,000...

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"Rutgers gave $28.5 million from the university budget and student fees to sports during the fiscal year ended June 30, 2011. That worked out to almost $1,000 a student. It was the largest amount among 54 public institutions in the six main organizations that compete in college football’s Bowl Championship Series: the Atlantic Coast, Big East, Big 12, Big 10, Pac-12 and Southeastern conferences. The findings are based on annual reports by the universities to the National Collegiate Athletic Association that were obtained by Bloomberg through open-records requests." Only seven of the 54 Universities whose Athletic Depts records obtained were self-supporting (see graphics). Of the seven, three were Big Ten (Nebr,OhioSt,Purdue), three were Big 12 (Texas,Okla,Texas A&M), and one was a SEC (LSU). ***A&M will, of course, now be in the SEC. This includes all types of support for athletic depts. You can use the filter to see individual types of support. "The $19.4 million that Rutgers allocated to athletics from its general budget would have been enough to hire about 256 assistant professors or 132 full professors, based on salary figures provided by Rutgers." from the original Bloomberg article--http://www.bloomberg.com/news/2012-05-03/rutgers-football-fails-profit-test-as-students-pay-1-000.html

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