Originally posted by RuRoman:
It really pisses me off when even RU folks are misinformed.
The so called subsidy, which is overinflated by RU's unfavorable accounting treatment of RU's athletics, is not funded directly by state appropriations, and it is extremely doubtful that it is indirectly funded. You see RU's athletic budget represent less than 4% of RU's total budget (one of the most meager in the nation), and this includes the subsidy. NJ's State appropriations represent less than 19% of RU's total revenue (21% if Fringes are considered), but most of it is pre-determined and pre-allocated.
(incidentally, NJ ranks as one of the lowest when it comes to funding higher education and such contribution is the lowest it has been in 20 years)
So please stop repeating the utterly wrong misconception that the State of NJ and ergo its taxpayers are directly paying for RU's athletics because IT IS NOT. And there is much doubt that even indirectly the State has any role in RU's athletic expenses (which is in itself embarrassing).
Please note that while there are some schools that report no or hardly any subsidy from the university to its athletic department, the large majority of these schools are just playing accounting games.
Note this,,,it is going to be hard to for RU's athletics to ever end black and without subsidy-but this is actually not a problem.