Tuesday, June 15, 2010

Easy Scholarships

Friends, recently while I approached a consultancy for the procedures regarding my higher studies, I came to know that obtaining scholarships is nevertheless an easy job. I read that the San Diego State Aztec football team had yet another miserable losing season. They haven't been to a bowl game in a decade, and haven't won a bowl game in a very long time. They don't have their own stadium, and they lose several million dollars a year. Student fees are being increased to subsidize the football program, and with state college budget cuts looming, such tactics will be difficult to sustain. So despite having a new coach, a columnist of the San Diego Union-Tribune figures its time to pull the plug on the football program.

There are some interesting points beside the obvious ones. The first is that San Diego State continues to claim that it's football program makes a profit, even though it must be subsidized. But the article points out that there's a lot of smoke and mirrors going on in that book-keeping, of the type which would make a Hollywood movie mogul proud. There are also a number of ways to get easy scholarships. In short, lots of expenses which primarily support the football program are shuffled off as "general expenses", and what should be general revenue is allocated as football revenue. The article hints that this is common among football colleges, which raises potential questions at a lot of programs.

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