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Post being replied to
Athletic “shopping addiction” mirrors full college spending by fortune_smith
The athletic over-spending is egregious, but it mirrors the broader financial mis-management at many universities (far broader than just the P5).
It’s borderline immoral that so many universities have prioritized facilities arms races and administrative bloat over cost-effective education.
Many have sown the seeds of their own destruction as they don’t have cost management flexibility to adapt. Further, spiraling education costs have contributed to a deeply entrenched trend of declining birth rates, which will have a profound impact on the numbers of college-aged students beginning the middle of this decade.