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re: Texas Athletic Department in debt?
Posted on 9/15/11 at 3:18 pm to LSUisjustOK
Posted on 9/15/11 at 3:18 pm to LSUisjustOK
I see what you are saying, but academics and athletic capital improvements are not co-mingled. TCU funded their football stadium renovation, new weight room, and new baseball stadium over the past decade with private donations, debt free. The $1100/hr does not cover those projects.
I am a finance guy, so I understand financing capital improvements with long term debt, but I was just commenting for the posters stating EVERY school uses debt for that stuff.
There is no right or wrong way to do it, it was just a playful jab!
I am a finance guy, so I understand financing capital improvements with long term debt, but I was just commenting for the posters stating EVERY school uses debt for that stuff.
There is no right or wrong way to do it, it was just a playful jab!
1
Posted on 9/15/11 at 3:21 pm to Geaux Frogs
quote:
I see what you are saying, but academics and athletic capital improvements are not co-mingled.
I know, it was jest. I like TCU. More schools should put off new toys until they raise the money for them.
quote:
The $1100/hr does not cover those projects.
Are you serious with the 1100/hr? When I was applying for college I thought the 650/hr was way too much.
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