A penny saved, a dollar borrowed

Do you ever get the feeling that players do a better job managing their money than certain academic institutions do?

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9 Comments

Filed under It's Just Bidness

9 responses to “A penny saved, a dollar borrowed

  1. Bloomberg just gave the GA Tea Party justification to call for the elimination of NATS football. No return on tax dollars invested.

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  2. Tronan

    I didn’t expect Tech to be the fifth most indebted program. And not just because they’re all geniuses who do calculus in the womb.

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  3. Noonan

    Convert all non-revenue sports to club teams. Problem solved. Why would a public university spend money to support the hobbies of a select group of students?

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  4. Just Chuck (the other one)

    Glad UGA didn’t make the top 10. Pains me to say something nice about our AD but his insistence on having pledges in hand before breaking ground on the practice facility does make some sense.

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  5. South FL Dawg

    As a CPA I get it, but it’s funny – it’s as if AD McGarity wrote that article. But seriously, this is a tricky one. In business it’s about maximizing value and making a profit. In nonprofits though, the profits should be spent. If you keep it or pay it to the people running the biz, then you should be paying taxes. Big picture vs little picture.

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  6. Macallanlover

    Look at how GT named their business school for someone in the late 90s and how quickly they had to change it for non-payment of a pledge. Just what you want for your business school’s reputation.

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  7. Why in the world is Texas on this list???

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