bigdawg wrote:All Valley schools have to be concerned that this is the way things are heading. Increasing expenses but static or declining revenue isn't a good thing for any of us.
The Northern Iowa athletic department suffered a deficit of more than $765,000 in the 2015-16 academic year, according to a Thursday report from the USA TODAY network.
That loss comes after millions of dollars in assistance from student fees and direct school support.
http://www.desmoinesregister.com/story/ ... 31e51bb48e
UNI gets less from it's students/subsidy than any other public school in the conference.
You want to start comparing SIU to UNI when it comes to funding and financial situations?
SIU gets 8,680,105 in student fees and another 6,475,166 in other school funds
UNI gets 1,998,138 in student fees and another 6,689,070 in other school funds
UNI isn't even getting "millions". It's getting a million plus, but it's not millions.
MVC budgets funding from outside sources by %
Indiana State - 77.14
Illinois State - 73.97
Southern Illinois - 65.21
Missouri State - 63.94
Northern Iowa - 49.01
Misleading thread title to a misleading article is misleading.
Either SIU's athletic budget is over bloated at 27.5m or SIU is raping their students. I'm going with raping the students. Here's SIU's mandatory athletic fee structure
12 credit hours - 315 per semester
13 credit hours - 342 per semester
14 credit hours - 368 per semester
15 credit hours - 394 per semester
Despite all that Southern Illinois comes up with a $4,303,381 deficit
The fees UNI students are paying to the athletic department total $114.50 per semester per student (229 per year).
UNI's deficit? $765,333
It'd argue UNI is a pretty damn healthy given it's a mid-major state school that comes in third in line for state funding with a legislature that has tried - repeatedly - to kill the school.
I guess UNI could do what MSU does and lie about the numbers to make them come out even. Remember how MSU was withdrawing from hosting events because they couldn't afford to upkeep their facilites and sports getting cut because of funding? All of that and they apparently broke even - to the penny - every year for the last 13 years
Can tell it's July though. The DSM Rag is actually writing about UNI - and that is only because it's time for it's yearly UNI funding hit piece - where they just copy and paste from last year, which was a copy and paste from the year before, which was a copy and past from the year before.
It's also ignoring that UNI turned a profit, larger than the deficit of this most recent year, the year before