(12-15-2016 01:31 PM)NoDak Wrote: (12-15-2016 01:09 PM)otis campbell Wrote: 104 male students that do not attend Valpo without football, lets say they average paying $10,000 each, Valpo costs around $40,000. Each year players drop from the football program a portion of those stay enrolled. That makes this just about breakeven.
With Federal grants and aid, would bet that Valpo gets a lot more than $10k per student. The football players may have friends and GF's that enroll too, that wouldn't otherwise. Alumni give more money because of FB. For private schools, non scholarship football can pay off big.
You have to look at it as "additional outside money coming into Valpo that wouldn't have come otherwise".
- is it fair to assume all 104 would not be at Valpo without football? Maybe, but go with it
- is it reasonable to assume that other students enrolled at Valpo because a particular football player did? Again, maybe, but go with it
- let's call it 125 ... that's roughly the 104 + 20% more
- you can't just assume that Valpo is able to service 125 additional students at zero overhead cost. But I have no idea what might be a reasonable number per student to subtract from the revenue. $1000?? More, less??
- money being paid out of pocket by the player and/or family is obviously additional outside money
- money from federal tuition assistance is obviously additional outside money
- the various scholarship programs that these players and students receive (from foundations, endowments, business partners, alumni, etc etc etc) ... these would've gone to Valpo students, regardless. So this is not additional revenue.
- obviously any portion of the costs for a particular player/student that Valpo simply waives, is not additional revenue. But guessing they don't do a whole lot of this.
SO .... you take 125 students and multiply by the net additional revenue per student:
- at $5000 per student = $625k total
- at $8000 per student = $1M total
- at $10000 per student = $1.25M total
Conclusion: it's definitely possible that Valpo nets out more additional outside revenue, even subtracting the overhead costs of servicing additional students, than the costs of the football program. But it's also quite possible that they don't.