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The university has invested millions of dollars into football, with much of the money coming from student fees, but so far has little to show for it. Game attendance rarely exceeds 10,000 fans in a stadium that seats 80,000, and the team has lost most of its games. Dustin Chambers for The Huffington Post
At most colleges, athletics are a money-losing proposition that would not exist without billions of dollars in mandatory student contributions — a burden that grows greater every year, according to our review of five years of NCAA financial reports obtained through public records requests from 201 D-1 universities.
More than half of the $30 million that James Madison spent on football from 2010 to 2014 came from student fees, according to annual filings with the NCAA. All told, the university poured $146 million in subsidies into its athletics department over that period, spending more than $4 in student money for every $1 it earned from ticket sales ...
The Huffington Post & The Chronicle of Higher Education ... See scorecard Florida International University. Total subsidy income, 2010 - 2014: $106,092,010
SOURCE: Integrated Postsecondary Education Data System, University of Illinois at Urbana-Champaign (2014, 2013, 2012, 2011, 2010).Read our methodology here.. HuffPost and The Chronicle examined 201 public D-I schools from 2010-2014.
SOURCE: Integrated Postsecondary Education Data System, University of Missouri-Columbia (2014, 2013, 2012, 2011, 2010).Read our methodology here.. HuffPost and The Chronicle examined 201 public D-I schools from 2010-2014.
SOURCE: Integrated Postsecondary Education Data System, Florida State University (2014, 2013, 2012, 2011, 2010).Read our methodology here.. HuffPost and The Chronicle examined 201 public D-I schools from 2010-2014.
The Huffington Post & The Chronicle of Higher Education ... Student fees. 0%. Institutional support. 100%. Government support. 0%. Total subsidy income, 2010 - 2014 ...