mattyoclock t1_jdbitfy wrote on March 23, 2023 at 5:15 AM

Reply to comment by OldCoaly in Penn State, PSU, Temple and Lincoln say a tuition hike is needed, even with a 7% increase in state funding by Mrstucco

Yes and no. The athletics pay the loan payments on the facilities, but they are gauranteed by the university. So as long as penn state football makes enough money, they pay it. But if for some reason they didn't, the college is on the hook.

Additionally a fair bit of coaching salary comes from the academics as well.

OldCoaly t1_jdkeefe wrote on March 25, 2023 at 12:55 AM

As if Penn State athletics won’t make a net profit. COVID was the only reason they recently went negative and the media rights deals recently made will come with a massive increase in money.

Could you provide a source on the coaching money coming from academics?