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(11-20-2015 06:46 PM)TheNealT Wrote:  They are already pumping more money into ISU than the directionals, which is why Illinois and Illinois St have a higher bond rating.. This isn't high school, location isn't that big of a deal.. And enrollment are unlikely to go back up, Ilinois high schools are losing enrollment every year, if anything the enrollment will decrease even more.

L M A O! You are an ignorant idiot...So the state has no budget, but yes Neal they are only "pumping more money into Ill State". You Broncos, can keep this idiot!

Illinois State University Budget Review

(11-20-2015 06:46 PM)TheNealT Wrote:  

(11-20-2015 04:02 PM)northernbear1 Wrote:  NealT is annoying. Enrollments are cyclical. I have total confidence that the NIU enrollment will increase back to 2005-2006 days. It'll take some time, but it'll be back.

I also agree with MAXPOWER. When the state figures out the financial mess, we are not going to start pumping money into a school in central Illinois when that area of the state is already covered by one of the top schools in the nation.

I see Illinois State being a lot like Ohio University. Nice little school that no one outside of Ohio really knows much about.

They are already pumping more money into ISU than the directionals, which is why Illinois and Illinois St have a higher bond rating.. This isn't high school, location isn't that big of a deal.. And enrollment are unlikely to go back up, Ilinois high schools are losing enrollment every year, if anything the enrollment will decrease even more.

(11-20-2015 08:19 PM)HuskieAlumnus03 Wrote:  

(11-20-2015 06:46 PM)TheNealT Wrote:  They are already pumping more money into ISU than the directionals, which is why Illinois and Illinois St have a higher bond rating.. This isn't high school, location isn't that big of a deal.. And enrollment are unlikely to go back up, Ilinois high schools are losing enrollment every year, if anything the enrollment will decrease even more.

L M A O! You are an ignorant idiot...So the state has no budget, but yes Neal they are only "pumping more money into Ill State". You Broncos, can keep this idiot!

Illinois State University Budget Review

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So please explain to us how Illinois is "Pumping money" into a regional teacher's school? You've been debunked.......

Why argue with this moron about Illinois State on WMU's board? lol. Besides the fact that this clown isn't allowed on our boards anymore. But still, who cares what this moron has to say. All I know is....Illinois State sucks. Now, on to the next game.

Best of luck vs Toledo WMU.

(11-20-2015 08:08 PM)prairiedawg Wrote:  This NIU grad banged Neal T's wife....it explains s everything.

I heard it was a group affair.



Neal T's wife #NORAGRETS

(11-20-2015 02:08 PM)HuskieAlumnus03 Wrote:  

(11-20-2015 01:37 PM)Stpetebeachrocketfan Wrote:  To anyone that will listen or cares too, I am a business owner and have an MBA. Because of it, I follow the municipal bond market related press about states, universities, etc and their financial ratings. The state of Illinois has a massive amount of debt on top of major unfunded pension obligations. Their bond ratings are very poor which creates a much higher cost of borrowing. That is exactly what Illinois doesn't need because that puts even more pressure on the limited amount of tax revenue they have now which instead goes to paying debt service. What that means is schools like NIU are not going to get more money from the state, they are actually going to get less. Unfortunately NIU can not raise the cost of tuition because they are already priced very high compared to most schools to the point that enrollment has been decreasing every year and they need to remain competitive to attract new students. On top of that NIU has a large amount of debt that they must pay the debt service, which comes out of their annual operating budget. The NIU foundation has a very small endowment so that will not be the saving grace. What all this means is there is no other direction to go except making cuts and they will be major. Drilling down further the NIU athletic department is heavily subsidized by student fees and direct institutional support that comes right out of the universities budget that could pay for academics. All the cuts and financial pressure are going to roll downhill and their will be cuts to athletics either across the board or a couple sports will most likely be discontinued. There is no chance that NIU will close its doors but they will certainly have to make painful decisions. Please don't shoot the messenger, I am just passing on what I have read in very well known and respected journals and white papers about the financial ratings of states, colleges, and municipalities in general. As you can imagine, Illinois is always a big part of those articles.

Your annual beat down from NIU really stings, huh?

The NIU foundation funds aren't used to pay debt as they are not under the university's control, it is a separate corporate entity, under a separate board. That is endowment funds, the spin off investment returns earned that goes back to the university for scholarships, endowed shares. Most importantly donors specify what money they give should be used for. This is true for EVERY major university. You're exaggerating the student subsidy for athletics a bit, as if NIU is somehow abnormal in comparison to MAC schools. In term of % revenue from subsidies the list is as follows from most to least:

EMU
UB
BSU
CMU
MIAMI
WMU
AKRON
NIU
OHIO
BGSU
UT

At the state level it has the lowest of schools playing D1 FBS or FCS

WIU
EIU
Ill State
NIU
SIU
UofI

NIU was operating on a pre recession budget model until this year. Cuts and re prioritization is happening as we speak. NIU athletic improvement will be privately funded and corporate sponsorship. Bottom line, NIU will be okay. PS the new president and new AD is probably as gung ho about NIU athletics thaN any NIU admins have been in a very long time. Until then may NIU own you in November for a long time!

Need more sour grapes?

No sour grapes at all, this thread is about NIU and its finances. Unfortunately all the things I said are true and more cuts in Illinois and NIU are coming.. Regardless of how you agree or disagree with my points, athletics is subsidized with academic funds that NIU really needs, NIU has a lot of debt, the state of Illinois is beyond broke and funding to NIU will go down, NIU cant raise tuition so more revenue will not be found there, enrollment at NIU continues to go down so that is more lost revenue, and the endowment is very small so the amount of support it can provide to the academic side is very limited (I understand it doesn't pay debt, so we agree). No matter how you slice it or dice it all my points are 100% accurate. The AD and President need to portray themselves as positive even in light of a very tough situation. I wish I was wrong on this one but the situation looks pretty dire.

(11-21-2015 07:48 AM)Stpetebeachrocketfan Wrote:  

(11-20-2015 02:08 PM)HuskieAlumnus03 Wrote:  

(11-20-2015 01:37 PM)Stpetebeachrocketfan Wrote:  To anyone that will listen or cares too, I am a business owner and have an MBA. Because of it, I follow the municipal bond market related press about states, universities, etc and their financial ratings. The state of Illinois has a massive amount of debt on top of major unfunded pension obligations. Their bond ratings are very poor which creates a much higher cost of borrowing. That is exactly what Illinois doesn't need because that puts even more pressure on the limited amount of tax revenue they have now which instead goes to paying debt service. What that means is schools like NIU are not going to get more money from the state, they are actually going to get less. Unfortunately NIU can not raise the cost of tuition because they are already priced very high compared to most schools to the point that enrollment has been decreasing every year and they need to remain competitive to attract new students. On top of that NIU has a large amount of debt that they must pay the debt service, which comes out of their annual operating budget. The NIU foundation has a very small endowment so that will not be the saving grace. What all this means is there is no other direction to go except making cuts and they will be major. Drilling down further the NIU athletic department is heavily subsidized by student fees and direct institutional support that comes right out of the universities budget that could pay for academics. All the cuts and financial pressure are going to roll downhill and their will be cuts to athletics either across the board or a couple sports will most likely be discontinued. There is no chance that NIU will close its doors but they will certainly have to make painful decisions. Please don't shoot the messenger, I am just passing on what I have read in very well known and respected journals and white papers about the financial ratings of states, colleges, and municipalities in general. As you can imagine, Illinois is always a big part of those articles.

Your annual beat down from NIU really stings, huh?

The NIU foundation funds aren't used to pay debt as they are not under the university's control, it is a separate corporate entity, under a separate board. That is endowment funds, the spin off investment returns earned that goes back to the university for scholarships, endowed shares. Most importantly donors specify what money they give should be used for. This is true for EVERY major university. You're exaggerating the student subsidy for athletics a bit, as if NIU is somehow abnormal in comparison to MAC schools. In term of % revenue from subsidies the list is as follows from most to least:

EMU
UB
BSU
CMU
MIAMI
WMU
AKRON
NIU
OHIO
BGSU
UT

At the state level it has the lowest of schools playing D1 FBS or FCS

WIU
EIU
Ill State
NIU
SIU
UofI

NIU was operating on a pre recession budget model until this year. Cuts and re prioritization is happening as we speak. NIU athletic improvement will be privately funded and corporate sponsorship. Bottom line, NIU will be okay. PS the new president and new AD is probably as gung ho about NIU athletics thaN any NIU admins have been in a very long time. Until then may NIU own you in November for a long time!

Need more sour grapes?

No sour grapes at all, this thread is about NIU and its finances. Unfortunately all the things I said are true and more cuts in Illinois and NIU are coming.. Regardless of how you agree or disagree with my points, athletics is subsidized with academic funds that NIU really needs, NIU has a lot of debt, the state of Illinois is beyond broke and funding to NIU will go down, NIU cant raise tuition so more revenue will not be found there, enrollment at NIU continues to go down so that is more lost revenue, and the endowment is very small so the amount of support it can provide to the academic side is very limited (I understand it doesn't pay debt, so we agree). No matter how you slice it or dice it all my points are 100% accurate. The AD and President need to portray themselves as positive even in light of a very tough situation. I wish I was wrong on this one but the situation looks pretty dire.

SoundS like sour games to me..NIU really is ruining your life I think. Is it 6 in a row or 7?

(11-21-2015 12:49 AM)northernbear1 Wrote:  So please explain to us how Illinois is "Pumping money" into a regional teacher's school? You've been debunked.......

ISU is far from a regional school... and is no more of a teachers school than NIU.. the % of students at the two schools that are education majors is almost identical, only difference being that almost all educational majors apply at ISU, the ones that don't get accepted attend NIU..

(11-21-2015 07:48 AM)Stpetebeachrocketfan Wrote:  

(11-20-2015 02:08 PM)HuskieAlumnus03 Wrote:  

(11-20-2015 01:37 PM)Stpetebeachrocketfan Wrote:  To anyone that will listen or cares too, I am a business owner and have an MBA. Because of it, I follow the municipal bond market related press about states, universities, etc and their financial ratings. The state of Illinois has a massive amount of debt on top of major unfunded pension obligations. Their bond ratings are very poor which creates a much higher cost of borrowing. That is exactly what Illinois doesn't need because that puts even more pressure on the limited amount of tax revenue they have now which instead goes to paying debt service. What that means is schools like NIU are not going to get more money from the state, they are actually going to get less. Unfortunately NIU can not raise the cost of tuition because they are already priced very high compared to most schools to the point that enrollment has been decreasing every year and they need to remain competitive to attract new students. On top of that NIU has a large amount of debt that they must pay the debt service, which comes out of their annual operating budget. The NIU foundation has a very small endowment so that will not be the saving grace. What all this means is there is no other direction to go except making cuts and they will be major. Drilling down further the NIU athletic department is heavily subsidized by student fees and direct institutional support that comes right out of the universities budget that could pay for academics. All the cuts and financial pressure are going to roll downhill and their will be cuts to athletics either across the board or a couple sports will most likely be discontinued. There is no chance that NIU will close its doors but they will certainly have to make painful decisions. Please don't shoot the messenger, I am just passing on what I have read in very well known and respected journals and white papers about the financial ratings of states, colleges, and municipalities in general. As you can imagine, Illinois is always a big part of those articles.

Your annual beat down from NIU really stings, huh?

The NIU foundation funds aren't used to pay debt as they are not under the university's control, it is a separate corporate entity, under a separate board. That is endowment funds, the spin off investment returns earned that goes back to the university for scholarships, endowed shares. Most importantly donors specify what money they give should be used for. This is true for EVERY major university. You're exaggerating the student subsidy for athletics a bit, as if NIU is somehow abnormal in comparison to MAC schools. In term of % revenue from subsidies the list is as follows from most to least:

EMU
UB
BSU
CMU
MIAMI
WMU
AKRON
NIU
OHIO
BGSU
UT

At the state level it has the lowest of schools playing D1 FBS or FCS

WIU
EIU
Ill State
NIU
SIU
UofI

NIU was operating on a pre recession budget model until this year. Cuts and re prioritization is happening as we speak. NIU athletic improvement will be privately funded and corporate sponsorship. Bottom line, NIU will be okay. PS the new president and new AD is probably as gung ho about NIU athletics thaN any NIU admins have been in a very long time. Until then may NIU own you in November for a long time!

Need more sour grapes?

No sour grapes at all, this thread is about NIU and its finances. Unfortunately all the things I said are true and more cuts in Illinois and NIU are coming.. Regardless of how you agree or disagree with my points, athletics is subsidized with academic funds that NIU really needs, NIU has a lot of debt, the state of Illinois is beyond broke and funding to NIU will go down, NIU cant raise tuition so more revenue will not be found there, enrollment at NIU continues to go down so that is more lost revenue, and the endowment is very small so the amount of support it can provide to the academic side is very limited (I understand it doesn't pay debt, so we agree). No matter how you slice it or dice it all my points are 100% accurate. The AD and President need to portray themselves as positive even in light of a very tough situation. I wish I was wrong on this one but the situation looks pretty dire.

I habe been told by the NIU guys that school finances and academics doesn't matter when talking athletics... LOL

They are

5000 less students at $25K in tuition and fees.. thats $125M less in revenue... less state funding... thats a TON of loss... but no effect???? LOLOL

1. This has nothing to do with Bronco football.

2. Never mention NIU in a thread because they will come crawling out of the woodwork and infest our board.

3. TheNealT...shoo troll. Beat it and don't come back.


Locked!