College official visits

[Anonymous]

Anonymous wrote:

Anonymous wrote:Schools make money off of sports programs overall. Women's soccer maybe not, but it's a net revenue stream for most colleges.

No, it isn’t. There is not near enough revenue generated for these sports to cover the costs. Hence why many schools now charge “athletic fees” to the students. They are trying to cover the expenditures. Again, with the exception of football and men’s b-ball.

It’s not about covering the costs. It’s about protecting the federal revenue stream. If net positive revenue sports programs can’t offset the federal subsidies, a university will provide additional sports to ensure the federal money isn’t jeopardized. Most colleges would collapse without the federal loan program. Athletic fees aren’t connected to sports, they are connected to gym and recreational facilities. Men’s football and b-ball aren’t as lucrative as Uncle Sam.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:In Women’s D1 soccer the average scholarship is $17,766. The average number offered is 25. On an annual basis that’s $444,150. Over 4 years the average budget is $1,776,600.

You can divide the $444K by 14 and get $31,760. Times four is $127K. That would be the average value of a full ride scholarship.

The value of the full ride equals whatever the cost would be at that school if there wasn't a scholarship. So if it would cost $25K to go there with no scholarship, and my kid gets a full ride, then 4 yrs x $25k equals $100K. It doesn't matter what the other kids are paying, what the soccer program costs, or any of that. That is the end user value my kid is receiving to be there.

Yup. My kid does not have a full ride, but the total athletic scholarship amount at an expensive private D1 school equals a bit more than $200,000 over 4 years. Scholarships are given as percentages of total costs.

The question is what you would have paid to go to the same school or your preferred alternative f you are really trying to value the benefit. Not every 200,000 dollar education is nearly the same.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:In Women’s D1 soccer the average scholarship is $17,766. The average number offered is 25. On an annual basis that’s $444,150. Over 4 years the average budget is $1,776,600.

You can divide the $444K by 14 and get $31,760. Times four is $127K. That would be the average value of a full ride scholarship.

The value of the full ride equals whatever the cost would be at that school if there wasn't a scholarship. So if it would cost $25K to go there with no scholarship, and my kid gets a full ride, then 4 yrs x $25k equals $100K. It doesn't matter what the other kids are paying, what the soccer program costs, or any of that. That is the end user value my kid is receiving to be there.

Yup. My kid does not have a full ride, but the total athletic scholarship amount at an expensive private D1 school equals a bit more than $200,000 over 4 years. Scholarships are given as percentages of total costs.

The question is what you would have paid to go to the same school or your preferred alternative f you are really trying to value the benefit. Not every 200,000 dollar education is nearly the same.

In our case, we would have cheerfully paid full freight for this particular school, but are very happy we don't have to.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Schools make money off of sports programs overall. Women's soccer maybe not, but it's a net revenue stream for most colleges.

No, it isn’t. There is not near enough revenue generated for these sports to cover the costs. Hence why many schools now charge “athletic fees” to the students. They are trying to cover the expenditures. Again, with the exception of football and men’s b-ball.

It’s not about covering the costs. It’s about protecting the federal revenue stream. If net positive revenue sports programs can’t offset the federal subsidies, a university will provide additional sports to ensure the federal money isn’t jeopardized. Most colleges would collapse without the federal loan program. Athletic fees aren’t connected to sports, they are connected to gym and recreational facilities. Men’s football and b-ball aren’t as lucrative as Uncle Sam.

Athletic fees are connected to sports, especially in Virginia. Do some research. However, your point about schools having sports to keep federal funding coming in might be valid but I’d need to do some research myself.