pvk75
All American
Posts: 3,468
Joined: Jan 2018
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I Root For: NIU, MAC
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RE: Could this be death of one or more of directional schools
Some STH may also figure that if they're not renewing for 2020, why pay the required HAF "donation." Hope that doesn't happen, but it could also complicate renewal of same seats for 2021.
(R.e. Klake87: "There is no waiting list. People are not waiting to get season tickets by attrition." There used to be a waiting list. Back in the day, it took me several years to work my way down to row 12 on the 40 yard line. How things change.)
One of the biggest financial questions is this: student athletic fees provide just over 1/3 of athletic department revenue, so if there are no sports, or reduced sports, what happens to those fees? I believe the fee is based on credit hours per semester.
Big argument for fees is students get free admission to on-campus athletic events. But ... free admission to what?!
It's a big deal, especially to full-time students. Over the average 5 years it seems to take to earn a bachelor's degree these days, the total fee is almost $5,000. That's too big for some to pay out-of-pocket, so some include it in their student loans, on which they pay interest during the loan payoff.
This could open a whole new big can of worms, and not just at NIU.
(Notes: March 9, 2020, NBC reported study of 2017-18 revenues and fees. NIU got $9.1 million from fees of $25.8 million total revenues = 35%. Annual average fee $987.)
(This post was last modified: 03-30-2020 05:24 AM by pvk75.)
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03-30-2020 02:25 AM |
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