The President didn't open pandora's box, technically the board of regents asked for a study. And they all seemed satisfied with the answer that UNI will not be a self sustaining athletic program anytime soon (like 90% of the rest of Division 1). The vote was unanimous with nothing but positive comments. Could the state cut the budget? Sure, but that could happen in Missouri, Kansas, Illinois, or Indiana as well. Everyone involved agrees that UNI needs to keep it's D-1 program to maintain it's identity. And while the Football team is going to start playing a second BCS opponent once in a while to help break even, we weren't the first MVFC school to have to go that route -- ahem.
I think recruiting has gone well the past couple of years, despite these stories (and wild exaggerations). I guess we will find out if that's true when some of these guys actually see significant minutes this season.