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(07-09-2020 10:08 AM)rath v2.0 Wrote:  Stanford sponsored all of those sports as scholarship programs? Lol

Let’s be honest, they’ll get some old multi-millionaires from Bushwood Country Club to fund those programs. Frankly, that is the way it should be.

Scuttlebutt around the state is that the SSI Reduction that was originally planned to be 20% is only around 5%...could help with the budget issues many schools were extremely worried about.

(07-09-2020 11:51 AM)BearcatMan Wrote:  Scuttlebutt around the state is that the SSI Reduction that was originally planned to be 20% is only around 5%...could help with the budget issues many schools were extremely worried about.

Can you explain to me in basic terms why SSI would relate to athletic departments?

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Add Dartmouth to the list of athletic program cuts...

Quote:Dartmouth College is eliminating five varsity athletic programs, effective immediately, due to “a budget deficit made worse by the pandemic,” the school announced Thursday.

Men’s and women’s swimming and diving, men’s and women’s golf, and men’s lightweight rowing have been cut, affecting 110 student-athletes and 15 staff members, including eight coaches.

The school is also closing the Hanover Country Club, which it owns and operates at its golf course. According to a release, these changes will save Dartmouth more than $2 million.

Next Up: Dartmouth

Been a bad week for lightweight rowing.

(07-09-2020 11:57 AM)Cataclysmo Wrote:  

(07-09-2020 11:51 AM)BearcatMan Wrote:  Scuttlebutt around the state is that the SSI Reduction that was originally planned to be 20% is only around 5%...could help with the budget issues many schools were extremely worried about.

Can you explain to me in basic terms why SSI would relate to athletic departments?

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Well, it's the largest source of outside revenue for an institution...while it may not directly fund athletics, it allows institutions to reallocate other sources of revenue that were otherwise centralized to ensure the financial solvency of the institution itself...not saying it would have a significant impact at some institutions, but at others may see certain fee structures that were adjusted to ensure support of primary functions moved back to other non-essential areas.

Plus, if the overall financial health of an institution has a better outlook, it would allow for a nasty financial burden to survive with less need for significant cuts. As someone who works in the academic arm of an institution in Ohio, I would hope that athletics takes the first and largest hit at any school, but a 15% decrease in expected revenue losses at a University would allow for cuts across the board to not be as deep.

(07-09-2020 02:09 PM)rath v2.0 Wrote:  Been a bad week for lightweight rowing.

Country Club operations too ['bout damn time].

(07-09-2020 02:38 PM)BearcatMan Wrote:  Well, it's the largest source of outside revenue for an institution...while it may not directly fund athletics, it allows institutions to reallocate other sources of revenue that were otherwise centralized to ensure the financial solvency of the institution itself...not saying it would have a significant impact at some institutions, but at others may see certain fee structures that were adjusted to ensure support of primary functions moved back to other non-essential areas.

Plus, if the overall financial health of an institution has a better outlook, it would allow for a nasty financial burden to survive with less need for significant cuts. As someone who works in the academic arm of an institution in Ohio, I would hope that athletics takes the first and largest hit at any school, but a 15% decrease in expected revenue losses at a University would allow for cuts across the board to not be as deep.

I thought you were talking about supplemental security income. Carry on...

(07-08-2020 02:26 PM)Cataclysmo Wrote:  

(07-08-2020 01:52 PM)dubcat14 Wrote:  Stanford just announced they're dropping 11 varsity sports programs following the 20-21 academic year. Men's and women's fencing, field hockey, men's volleyball, wrestling, lightweight rowing, men's rowing, co-ed and women's sailing, squash, and synchronized swimming are the programs to be cut. They had 36 teams and will drop to 25.

Holy hell, is Stanford the best academic school in the P5?

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Duke is well-respected academically...same with Vanderbilt, Georgia Tech, Georgetown.

There's a lot of solid academics in the P5.

(07-09-2020 03:08 PM)Cataclysmo Wrote:  

(07-09-2020 02:38 PM)BearcatMan Wrote:  Well, it's the largest source of outside revenue for an institution...while it may not directly fund athletics, it allows institutions to reallocate other sources of revenue that were otherwise centralized to ensure the financial solvency of the institution itself...not saying it would have a significant impact at some institutions, but at others may see certain fee structures that were adjusted to ensure support of primary functions moved back to other non-essential areas.

Plus, if the overall financial health of an institution has a better outlook, it would allow for a nasty financial burden to survive with less need for significant cuts. As someone who works in the academic arm of an institution in Ohio, I would hope that athletics takes the first and largest hit at any school, but a 15% decrease in expected revenue losses at a University would allow for cuts across the board to not be as deep.

I thought you were talking about supplemental security income. Carry on...

No worries, I need to remember to go with long-form on the Higher Education acronyms on here sometimes haha.

For those unaware, SSI in my context means State Share of Instruction...in other words, the per-head disbursement the state gives each University.

Dang. The University of Akron just took 1/5 of their full time faculty off the books. Terminated 97 and had 21 quit or retire that won’t be replaced...out of just 570.

https://www.insidehighered.com/news/2020...sity-akron

(07-16-2020 09:44 PM)rath v2.0 Wrote:  Dang. The University of Akron just took 1/5 of their full time faculty off the books. Terminated 97 and had 21 quit or retire that won’t be replaced...out of just 570.

https://www.insidehighered.com/news/2020...sity-akron

Feels like if you were planning to go into higher ed you better have some credentials because jobs are heading the way print media jobs went the last couple decades

Yep. Those folks they cut were cut regardless of seniority or tenure, too. That is going to get some attention.

If only some faculty at institutions like Cal Berkeley would get the axe. You know, the ones that teach stuff that only keeps you in the revolving, isolated door of rabbit hole academia.

(07-16-2020 09:44 PM)rath v2.0 Wrote:  Dang. The University of Akron just took 1/5 of their full time faculty off the books. Terminated 97 and had 21 quit or retire that won’t be replaced...out of just 570.

https://www.insidehighered.com/news/2020...sity-akron

This has been building at Akron for a decade. They had a delusional President who spent money hand over fist in an attempt to turn them into OSU (and used to publicly brag that they would shortly become the first choice public university for Northeast Ohio kids within a few years) and then walked away before the financial house of cards came tumbling down. Their enrollment has been declining for years. They built a 60M football stadium that's 80% empty most Saturdays. They can blame this on COVID all they want, but their day of reckoning was coming virus or not. I hope Kent State makes good use of their soon to be downtown branch.

(07-16-2020 11:15 PM)Bearcat 1985 Wrote:  

(07-16-2020 09:44 PM)rath v2.0 Wrote:  Dang. The University of Akron just took 1/5 of their full time faculty off the books. Terminated 97 and had 21 quit or retire that won’t be replaced...out of just 570.

https://www.insidehighered.com/news/2020...sity-akron

This has been building at Akron for a decade. They had a delusional President who spent money hand over fist in an attempt to turn them into OSU (and used to publicly brag that they would shortly become the first choice public university for Northeast Ohio kids within a few years) and then walked away before the financial house of cards came tumbling down. Their enrollment has been declining for years. They built a 60M football stadium that's 80% empty most Saturdays. They can blame this on COVID all they want, but their day of reckoning was coming virus or not. I hope Kent State makes good use of their soon to be downtown branch.

Maybe UC should beat them to the punch and open up the UC-Northeast Branch.

(07-17-2020 07:37 AM)CliftonAve Wrote:  

(07-16-2020 11:15 PM)Bearcat 1985 Wrote:  

(07-16-2020 09:44 PM)rath v2.0 Wrote:  Dang. The University of Akron just took 1/5 of their full time faculty off the books. Terminated 97 and had 21 quit or retire that won’t be replaced...out of just 570.

https://www.insidehighered.com/news/2020...sity-akron

This has been building at Akron for a decade. They had a delusional President who spent money hand over fist in an attempt to turn them into OSU (and used to publicly brag that they would shortly become the first choice public university for Northeast Ohio kids within a few years) and then walked away before the financial house of cards came tumbling down. Their enrollment has been declining for years. They built a 60M football stadium that's 80% empty most Saturdays. They can blame this on COVID all they want, but their day of reckoning was coming virus or not. I hope Kent State makes good use of their soon to be downtown branch.

Maybe UC should beat them to the punch and open up the UC-Northeast Branch.

Even the mention of it would send a shockwave through Cowtown. I like it. And that polymer science unit would open a new opportunity for extending UC's considerable research and education in STEM fields.

Good article on some big name coaches that have taken voluntary pay cuts in the wake of financial strain at their respective institutions...

Quote:NEARLY HALF OF major college football and men's basketball coaches have taken voluntary pay cuts in response to the financial crisis facing higher education because of the coronavirus pandemic, but most of the highest-paid coaches have not, an ESPN survey found.

Eight of the 10 top-paid football coaches and at least five of the 10 highest-paid men's basketball coaches -- all of whom earn more money than anyone else at their schools -- have not taken cuts.

Most of the schools that employ those coaches have not announced universitywide salary or job cuts, but they are all facing deep financial distress, accepting millions of dollars in taxpayer relief and, in most cases, implementing a range of cost-saving measures inside and outside athletics.

The list of those whose pay is unchanged includes the two highest-paid coaches in their respective sports: Clemson football coach Dabo Swinney, who earned $9.3 million in the 2019-20 season, and Kentucky basketball coach John Calipari, who earned $8.2 million. Others include, in football, Alabama's Nick Saban ($8.9 million) and Texas A&M's Jimbo Fisher ($7.5 million) and, in basketball, Tennessee's Rick Barnes ($4.7 million) and Texas Tech's Chris Beard ($4.4 million).

Two of the highest-paid coaches -- Calipari and Texas football coach Tom Herman ($6.75 million) -- have not taken cuts even as their universities announced reduced pay for other employees, furloughs or layoffs. A Texas spokesman said the school is considering options as it finalizes its budget.

At 33 of the 75 schools, at least one coach agreed to renegotiate a contract to accept a pay cut amid the pandemic, according to the survey. They include Michigan football coach Jim Harbaugh, who last month agreed to a one-year, 10% cut of his $7.5 million salary; Kansas basketball coach Bill Self ($4 million, 10% cut for six months); and Oklahoma football coach Lincoln Riley ($6.4 million, 10% cut for one year).

At 26 of the schools, those coaches have yet to see their pay reduced. Many work at public universities and are the highest-paid public employees in their states. A UCLA spokesperson said basketball coach Mick Cronin ($5.5 million) and football coach Chip Kelly ($3.5 million) have both indicated they would take pay cuts, but the department is awaiting guidance from the University of California president's office.

Sixteen schools, most of them private, declined to respond to ESPN's questions.

No Voluntary Salary Cut: Bad Optics

That article says Mick Cronin is making $5.5 million -- I thought his salary was closer to $4 million?

(07-17-2020 08:32 AM)OKIcat Wrote:  

(07-17-2020 07:37 AM)CliftonAve Wrote:  

(07-16-2020 11:15 PM)Bearcat 1985 Wrote:  

(07-16-2020 09:44 PM)rath v2.0 Wrote:  Dang. The University of Akron just took 1/5 of their full time faculty off the books. Terminated 97 and had 21 quit or retire that won’t be replaced...out of just 570.

https://www.insidehighered.com/news/2020...sity-akron

This has been building at Akron for a decade. They had a delusional President who spent money hand over fist in an attempt to turn them into OSU (and used to publicly brag that they would shortly become the first choice public university for Northeast Ohio kids within a few years) and then walked away before the financial house of cards came tumbling down. Their enrollment has been declining for years. They built a 60M football stadium that's 80% empty most Saturdays. They can blame this on COVID all they want, but their day of reckoning was coming virus or not. I hope Kent State makes good use of their soon to be downtown branch.

Maybe UC should beat them to the punch and open up the UC-Northeast Branch.

Even the mention of it would send a shockwave through Cowtown. I like it. And that polymer science unit would open a new opportunity for extending UC's considerable research and education in STEM fields.

It would've two years ago before it was strip-mined by Duke University. As 1985 said, this has been written on the wall for years...and we've both been throwing out the regional education consortium model on here for quite some time. NE Ohio is going to be the pilot case for that.