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College and University Discussion
Reply to "The beginning of the end for Marymount University"
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[quote=Anonymous]Also I bet Goucher is bought by Towson in 10-15 years. Goucher is a small private college with lower muni bond ratings but it is right on top of Towson. Could easily make it a second flagship campus to College park it has a good location they just need more land and buildings and funds. It would make it a one college town. Similar to St. Johns taking over Marymount. The bigger well known school is nearby. BTW St Johns has a ton of cash, big active alumni group. Plus their basketball team brings in a ton of cash they play a lot of games in Madison Square Garden. I have been and in good years like back in SJU vs. Georgetown glory days they sell out whole Garden and be scalpers out front. I was shocked to learn back in 1985 when they made Final 4 a million years ago and was really good. Tuition was only 4k a year. CBS paid them one million a game in 1985 for TV rights. Can you imagine one million a game when tuition is only 4k a year the cash flow? Plus MSG tickets for big games back then were $20 bucks each. Sounds like peanuts today but that is $20 bucks multiplied by 20,000 a game. Amazing that today CBS pays 1 billion a year for college basketball rights. If your team is on TV you get a cut. St. Johns may be a shell of its former self. But since they have access to play in Madsion Square Garden and play in Big East the big names still have to play them and CBS loves Madision Square Garden. So they are still milking it, [/quote]
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