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College graduates do not benefit economically from the intercollegiate athletic programs of their alma mater.
Students provide substantial funding for their institution s intercollegiate athletic programs via tuition and fees. In fact, a typical student is required to pay for such activities. Will this financial burden paid for during undergraduate years help them in the real world?
Whether measuring the incomes earned by alumni, their upward economic mobility, or their record in paying off federal student loans, there is no subsequent economic payoff to graduates of institutions that spend large sums of money on athletic programs. And, in all actuality, evidence suggests that graduates of campuses with FBS ( big-time ) football programs end up earning less than graduates of comparable non-FBS institutions.
The statistical analysis provided in this book is derived from a sample of almost 700 four-year institutions between 2004 and 2022. The authors present the information and provide analysis, focusing on five different measures of economic success the alumni (for example, the incomes alumni earn after graduating). The book uses this data to explain that there is either no definitive positive connection and, in fact, there might be a negative relationship between intercollegiate athletic programs and the economic success of their alumni.
List of contents
Chapter 1: Beer And Circus?.- Chapter 2: Where We Are.- Chapter 3: Where We Are.- Chapter 4: The Incomes Earned By Graduates.- Chapter 5: Intercollegiate Athletics And Earning More Than High School .- Chapter 6: Intercollegiate Athletics And Upward Economic Mobility.. Chapter 7: Intercollegiate Athletics And Student Debt.- Chapter 8: Portents For The Future.
About the author
Richard J. Cebula
is Editor-in-Chief of
The American Journal of Economics and Sociology
and is Affiliate Professor in the Economics Department at the University of Tennessee-Knoxville.
Robert N. Fenili
is a semi-retired veteran economics consultant and expert witness who has spent most of his career in Washington, DC.
James V. Koch
is Board of Visitors Professor Emeritus and President Emeritus at Old Dominion University. He spent 15 years as a college president. He is the author of
The Caterpillar Way.
Summary
College graduates do not benefit economically from the intercollegiate athletic programs of their alma mater.
Students provide substantial funding for their institution’s intercollegiate athletic programs via tuition and fees. In fact, a typical student is required to pay for such activities. Will this financial burden paid for during undergraduate years help them in the real world?
Whether measuring the incomes earned by alumni, their upward economic mobility, or their record in paying off federal student loans, there is no subsequent economic payoff to graduates of institutions that spend large sums of money on athletic programs. And, in all actuality, evidence suggests that graduates of campuses with FBS (‘big-time”) football programs end up earning
less
than graduates of comparable non-FBS institutions.
The statistical analysis provided in this book is derived from a sample of almost 700 four-year institutions between 2004 and 2022. The authors present the information and provide analysis, focusing on five different measures of economic success the alumni (for example, the incomes alumni earn after graduating). The book uses this data to explain that there is either no definitive positive connection—and, in fact, there might be a negative relationship—between intercollegiate athletic programs and the economic success of their alumni.
