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Originally posted by Fightingscot82 View Post
It's very similar to how it is for Cal, Clarion, and IUP. Edinboro's housing was a foundation project but the university bought the project so they could refinance the debt. It's virtually all the same - the revenue pays the debt load and little else. With a big loss in revenue then they have to find the money elsewhere. It's a good thing WCU is sitting on roughly $200 million.
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Originally posted by Horror Child View PostWest Chester's situation is a little different. University Student Housing is a division of the WCU Foundation. They spot lease land from the school/state and built new residence halls and apartments. So that organization has NO revenue from students this fall, or this past spring for that matter, but it still has the payments for the construction costs.
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Originally posted by IUPNation View PostWhy not just move this foosball season to March.....the USFL and spring foosball was really fun back in the day. My parents had season tickets for the Philadelphia Stars...a lot of great fun and memories.
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Originally posted by Fightingscot82 View Post
The schools need students paying tuition and fees to cover all their overhead. There are a lot of employees who can't be laid off on short notice and a lot of debt payments to be made on the housing built in the last 15 years. Online covers the tuition side but there's the housing revenue that is part of the budget. Without it there's a big hole. We still don't know about state appropriation cuts.
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Originally posted by chapmaja View Post
It will depend on the school. Apparently the University of Wisconsin told their spring sport athletes thanks but no thanks. If you would have used your final year in the spring of 2020 you are done. You are not sticking around for the extra year.
Cemetery's full of irreplaceable dead people.
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Originally posted by IUPbigINDIANS View PostThe odds of D2 playing in 2020 are getting closer to zero by the hour.
The interesting angle is how this effects the 2021 season.
The 2020 seniors who are about to lose their season will get granted another year. Many will come back. Some will say screw it and move along.
However, they'll have a senior class coming back and yet another freshmen class coming in. As our (PSAC) programs are funded largely by our checkbooks .... only so much of that coin to go around.
2021 assumes, of course, we aren't all dead.
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Look'n for a good lawyer. I have intention to sue China Covid factory for "Lack of Football PTSD". Oh the humanities, how we will suffer.
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Originally posted by RocknTheSnackBar View PostU of Akron canning half its faculty
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Originally posted by EdinboroFB View PostIf schools have students on campus . Big if I guess but with school starting mid aug they have to announce that soon.......but it the students are there....whats the difference in having sports....other than saving some money. If students attend campus ....maybe because the schools need them to....how much of cancelling is budget related i wonder.
For sports, I don't know how you make it work for August. Right now there is a duty to test all participants - and with that a big cost plus all other mitigation costs. With revenue uncertainty, its an easy cut to reduce expenses on travel and equipment. To me its just not worth the risk. Now, if we're back on the decline in the fall its worth discussing winter sports. It's probably going to have to go season by season.
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If schools have students on campus . Big if I guess but with school starting mid aug they have to announce that soon.......but it the students are there....whats the difference in having sports....other than saving some money. If students attend campus ....maybe because the schools need them to....how much of cancelling is budget related i wonder.
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Originally posted by shipfbfan1 View Post
The issue is the schools aren't discounting for remote learning other than taking away the room/board and meal plans. Still looking at close to $9k
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Originally posted by IUP412 View Post
Semester of remote learning would not be that costly.
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