Cantor the Cannibal

http://www.dailyorange.com/home/index.cfm?event=displayArticlePrinterFriendly&uStory_id=17c8ad93-b0b9-44fa-a820-cc25b46af1eb



Interesting article on SU's budget

Lowlights:

-"Before RCM we were in pretty good shape," said Gross, who was hired in December 2004. "Now with RCM, it's a different animal for us because now we're paying a lot of (expenses) that we weren't paying for before. It's made it even more challenging. There's more revenues that we have to keep (generating)."

-First, while academic centers fund financial aid through tuition, Athletics has no tuition revenue to support its scholarships for its near-600 athletes. Second, the athletic department's facilities cover more area than most other centers on campus and demand higher utility costs. Part of the participation tax involves square footage.

-At Syracuse, the percentage of Athletics' revenue that comes from subvention is less than the national average at private schools - 20 percent compared to 28 percent.

Well that makes sense. A Sports school like SU is below avg in helping out Athletics. Brilliant!!!!