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[QUOTE="Rufus_13th, post: 4184464, member: 7073"]
Oh it gets better.

[URL unfurl="true"]https://www.northjersey.com/story/news/2022/01/19/rutgers-athletics-2021-deficit-taxpayers-football-basketball-big-ten/6571789001/[/URL]

"Direct subsidies from the university to athletics more than doubled from the prior year, to $27.6 million, which includes a large loan from the university. Though student fees went down slightly during the COVID-19 pandemic, the total amount of fees, state aid and university support rose 50% over the prior fiscal year — to almost $43 million."

"[URL='https://www.northjersey.com/in-depth/news/watchdog/2021/09/04/rutgers-athletics-265-m-in-debt-borrows-to-keep-pace-in-big-ten/8047865002/']NorthJersey.com revealed last September[/URL] that Rutgers had been reporting loans from the university under “other operating revenue,” a practice that is contrary to NCAA guidelines and that made its annual deficits appear smaller. This year the loan was moved to "direct institutional support." The loans to athletics to cover operating deficits were also not permitted under university policy. "

"That policy was changed last year following questions from NorthJersey.com. "
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