Longhorn
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RE: USA Today Report on NCAA finances
(07-01-2018 07:16 AM)JMUSteeler Wrote: And I'll add, if you want to look at what the real problem is take a look at the General Assembly and those representatives that forced JMU to move their percentage of out of state students from 29% to 25% (which will actually become 22%, since it's hard to stop that train rolling down hill). You can make up a lot of that budget with out of state tuition. And by the way, at the same time we were being forced to take fewer out of state students UVA as allowed to increase their's by substantial percentages.
This. I understand the political nature of this decision to limit out-of-state admits, but it’s dumb, and detrimental not only to JMU’s budget, but ultimately to JMU’s academic rep and ability to enhance the academic quality of our student body. Hopefully Richmond will reverse this idiotic decision and back-off trying to micromanage JMU.
(This post was last modified: 07-02-2018 07:16 PM by Longhorn.)
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07-01-2018 09:29 AM |
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BleedingPurple
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RE: USA Today Report on NCAA finances
(07-01-2018 07:12 AM)JMUSteeler Wrote: I feel like I'm beating a dead horse every time I address this, but I'm not sure how many of you are currently paying for a student to attend JMU. I am, and quite frankly I don't give a crap how much of what I'm paying is categorized as a student fee. I have one at JMU and one at Longwood Nursing, and since my nursing student has a $3,000 scholarship I'M PAYING EXACTLY THE SAME AMOUNT FOR EACH STUDENT.
WTH difference does it make if we categorize a % of the total cost as a student athletic fee? Of 14 public schools in VA, JMU ranks 10th in overall cost. A recent $1,000 increase in tuition moved us up to 9th, and another $1,000 increase won't move us up on the list at all. We can make jokes about our creative accounting, but as a parent footing the bill all I care about is how much is all of this going to cost me.
So let's say they cut that student fee in half, that bit of assistance would barely make a dent in what I'm out of pocket every year. It also would barely make a dent in what those kids that have student loans would have to pay back. It's not like there isn't going to be ANY student athletic fee.
I've always felt this way as well. I guess the only thing I don't like is that our school doesn't promote the fact that kids/parents have spent the money so go and get as much as you can for that money. Not only should JMU let the parents know what their kid gets in return for this cash, but should broadcast it as loud as they can that every student has bought and paid for a seat at all the games (FB, MB, WBB, BB, etc.) now go use that which you have paid for.
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07-01-2018 08:27 PM |
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JMUNation
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RE: USA Today Report on NCAA finances
(06-29-2018 08:49 AM)Hart Foundation Wrote: Instead of looking at JMU 2017 vs 2010 and ODU 2017 vs 2016 it would be interesting to see ODU 2017 vs 2010.
We were peers back then in the CAA. Each program has certainly progressed since 2010; the question is how much?
edit - oops, didn't see the link.
Here is the ODU info 2017 vs 2010
Ticket sales 2017 $3.5 million 2010 $2.5 million
Contributions 2017 $5.6 million 2010 $4.4 million
Licensing 2017 $6.1 million 2010 $1.0 million this seems to be the biggest jump in revenue
Coach salaries $13.5 million 2010 $8.7 million
Scholarships $9.4 million 2010 $4.7 million
Facilities $11.5 million 2010 $8.3 million
in the 7 year timeframe their overall revenue has increased $14 million and expenses have increased $17 million.
Some may see that as a problem. Others may see that as a sound $3 million annual investment in the brand while keeping their overall spend equal to their revenue.
JMU has increased overall revenue $20 million while also increasing expenses $20 million.
interesting numbers
What am I missing in the math? I see $7.3 million increase in revenue for ODU.
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07-01-2018 10:49 PM |
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JMUNation
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RE: USA Today Report on NCAA finances
(07-01-2018 07:12 AM)JMUSteeler Wrote: I feel like I'm beating a dead horse every time I address this, but I'm not sure how many of you are currently paying for a student to attend JMU. I am, and quite frankly I don't give a crap how much of what I'm paying is categorized as a student fee. I have one at JMU and one at Longwood Nursing, and since my nursing student has a $3,000 scholarship I'M PAYING EXACTLY THE SAME AMOUNT FOR EACH STUDENT.
WTH difference does it make if we categorize a % of the total cost as a student athletic fee? Of 14 public schools in VA, JMU ranks 10th in overall cost. A recent $1,000 increase in tuition moved us up to 9th, and another $1,000 increase won't move us up on the list at all. We can make jokes about our creative accounting, but as a parent footing the bill all I care about is how much is all of this going to cost me.
So let's say they cut that student fee in half, that bit of assistance would barely make a dent in what I'm out of pocket every year. It also would barely make a dent in what those kids that have student loans would have to pay back. It's not like there isn't going to be ANY student athletic fee.
Please stop making rational arguments.
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07-01-2018 10:53 PM |
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ShadyP
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RE: USA Today Report on NCAA finances
(07-01-2018 07:12 AM)JMUSteeler Wrote: I feel like I'm beating a dead horse every time I address this, but I'm not sure how many of you are currently paying for a student to attend JMU. I am, and quite frankly I don't give a crap how much of what I'm paying is categorized as a student fee. I have one at JMU and one at Longwood Nursing, and since my nursing student has a $3,000 scholarship I'M PAYING EXACTLY THE SAME AMOUNT FOR EACH STUDENT.
WTH difference does it make if we categorize a % of the total cost as a student athletic fee? Of 14 public schools in VA, JMU ranks 10th in overall cost. A recent $1,000 increase in tuition moved us up to 9th, and another $1,000 increase won't move us up on the list at all. We can make jokes about our creative accounting, but as a parent footing the bill all I care about is how much is all of this going to cost me.
So let's say they cut that student fee in half, that bit of assistance would barely make a dent in what I'm out of pocket every year. It also would barely make a dent in what those kids that have student loans would have to pay back. It's not like there isn't going to be ANY student athletic fee.
Amen brother....I am sick of all the snarky student fee comments as well. Look at the value you are getting at JMU. Compared to other public colleges & universities in VA it is a good deal. Instead to bashing JMU all the time over student fees, who cares. It is the bottom line that matters and the check you write. Would it make folks feel better if JMU allocated that somewhere else? So how are the other 8 schools screwing over kids elsewhere since the student fees are less. This horse has been beat to freaking death. It would be different if JMU were the most expensive state school, which it is not even close too.
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07-02-2018 04:07 PM |
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olddawg
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RE: USA Today Report on NCAA finances
(07-02-2018 04:07 PM)ShadyP Wrote: (07-01-2018 07:12 AM)JMUSteeler Wrote: I feel like I'm beating a dead horse every time I address this, but I'm not sure how many of you are currently paying for a student to attend JMU. I am, and quite frankly I don't give a crap how much of what I'm paying is categorized as a student fee. I have one at JMU and one at Longwood Nursing, and since my nursing student has a $3,000 scholarship I'M PAYING EXACTLY THE SAME AMOUNT FOR EACH STUDENT.
WTH difference does it make if we categorize a % of the total cost as a student athletic fee? Of 14 public schools in VA, JMU ranks 10th in overall cost. A recent $1,000 increase in tuition moved us up to 9th, and another $1,000 increase won't move us up on the list at all. We can make jokes about our creative accounting, but as a parent footing the bill all I care about is how much is all of this going to cost me.
So let's say they cut that student fee in half, that bit of assistance would barely make a dent in what I'm out of pocket every year. It also would barely make a dent in what those kids that have student loans would have to pay back. It's not like there isn't going to be ANY student athletic fee.
Amen brother....I am sick of all the snarky student fee comments as well. Look at the value you are getting at JMU. Compared to other public colleges & universities in VA it is a good deal. Instead to bashing JMU all the time over student fees, who cares. It is the bottom line that matters and the check you write. Would it make folks feel better if JMU allocated that somewhere else? So how are the other 8 schools screwing over kids elsewhere since the student fees are less. This horse has been beat to freaking death. It would be different if JMU were the most expensive state school, which it is not even close too.
Add me to the Amen list as well. Has, and always will be a poor argument. JMU is one of the best bargains going. We could easily justify a raise in tuition. If and when we do, I hope it'll address the professor retention issues we face.
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07-02-2018 05:16 PM |
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