Originally posted by Unregistered
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College Fall 2020
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Originally posted by Unregistered View Post
Another thing that needs to go - coaches getting paid millions a year! Some of these contracts are absurd and hard to justify if a school is struggling or students are struggling to pay for college.
And their salary is typically paid out of separate fund managed by the boosters.
hint: look at the website for athletics. Even at the Ivies, it's a Dot Com
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Unregistered
How much longer will families pay $50k and more a year for higher education for an online experience? Even a hybrid experience? CV19 is a death march for colleges. Athletic programs in the next 5 years are going to look like Hunger Games. Even football and basketball will change, especially with pro-bound athletes looking to make money while in school and then forgoing years of college to go pro. If budgets continue to shrink, athletics as we know it today will be a distant memory.
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Unregistered
Originally posted by Unregistered View PostHow much longer will families pay $50k and more a year for higher education for an online experience? Even a hybrid experience? CV19 is a death march for colleges. Athletic programs in the next 5 years are going to look like Hunger Games. Even football and basketball will change, especially with pro-bound athletes looking to make money while in school and then forgoing years of college to go pro. If budgets continue to shrink, athletics as we know it today will be a distant memory.
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Unregistered
Originally posted by Unregistered View PostHow much longer will families pay $50k and more a year for higher education for an online experience? Even a hybrid experience? CV19 is a death march for colleges. Athletic programs in the next 5 years are going to look like Hunger Games. Even football and basketball will change, especially with pro-bound athletes looking to make money while in school and then forgoing years of college to go pro. If budgets continue to shrink, athletics as we know it today will be a distant memory.
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Unregistered
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Originally posted by Unregistered View PostYou can find a school's financials online and I recommend exploring them. See where their income comes from, size of endowment, etc. Now more than ever it's important to assess their finances. We received and email they other day from one of our student's university - they are working with the board and donors to free funds for more scholarship and financial assistance funds for students, acknowledging that many families are struggling. It also happens to be Jesuit. The other student's university costs more but sent a letter asking for donations. After looking at both their financials now I understand why their responses are different.
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Originally posted by Unregistered View Postwhere are they asking for the money to free up in school #1? And for school #2, will this school exist in 5 years?
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