Reply to thread

Message: [QUOTE="CuseOnly, post: 1599180, member: 2804"] Interesting read about winning football games and how it can generate overall revenue for the school. Syracuse hasn't yet realized you have to spend money first to make money. [URL]http://www.forbes.com/sites/tomvanriper/2013/05/13/the-magic-of-nick-saban-everyone-wants-to-go-to-alabama/[/URL] A few Paragraphs: [I]But the money flowing directly from Bryant-Denny Stadium is just the start. If you think that a top college football coach earning seven figures is overpaid, think again. To appreciate just how modest Saban’s $5.3 million salary is, take a wider look around campus. Since 2007, Tuscaloosa has swelled its undergraduate ranks by 33% to over 28,000 students. Faculty count has kept pace: up 400 since 2007 to over 1,700. But it’s more than growth – it’s where the growth is coming from. According to the school, less than a third of the 2007 freshman class of 4,538 students hailed from out of state. By the fall of 2012, more than half (52%) of a freshman class of 6,397 students did. Various data from US News and the New York Times shows that the school’s out-of-state tuition cost – nearly three times higher than the rate for in-state students – rose from $18,000 to $22,950 a year during that period. Add it all up – more students from outside Alabama paying ever-increasing premium tuition bills – and the school realized $50 million more in out-of-state tuition revenue for last fall’s incoming class than it did for the same class in 2007 ($76 million vs. $26 million). Kick in the additional $8.5 million in in-state tuition, which rose to $9,200 a year from $6,400 over the same period, and overall tuition revenue rose to $104 million from $46 million for the respective 2012 and 2007 freshman classes. And to boot, the school’s most recent capital campaign (i.e. donations from alumni and others) raised $600 million for scholarships and facilities, the most ever. For the admissions office, more applications mean more selectivity. Six years ago, 64% of students applying to the University of Alabama were accepted. By 2012, the acceptance rate had dropped to 53%. About one in four students from the 2012 freshman class carried a 4.0 high school GPA. The class also includes 241 National Merit Scholars, more than any other public university in the U.S. [/I] [B]Proof that spending money to win will cure most ills that Syracuse University has.[/B] [/QUOTE]

Verification: What is a Syracuse fan's favorite color?