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Mar 29, 2017
8:40
:08
am
KGKUGR
All-American
That's an insane amount of debt....
for an institution of higher education to justify that much of a deficit is pretty irresponsible.
I guess with the federal government setting the example on this front....not too surprising.
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KGKUGR
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KGKUGR
Joined
Jan 24, 2002
Last login
May 6, 2024
Total posts
1,731 (29 FO)
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Messages
Author
Time
<< Deleted >>
BYUMizzou
Former User
3/29/17 8:32am
That's an insane amount of debt....
KGKUGR
3/29/17 8:40am
There will be a bail out because Alabama is too big to fail
BYU Homer
3/29/17 8:43am
It appears to be mostly stadium financing debt. There's a cost to everything.
ToasterChive
3/29/17 1:59pm
And the students, and then when they default, the rest of us pick up the bill
kotacoug
3/29/17 8:46am
There is a big debt problem in this country/world. Everything that is nice and
sgriff
3/29/17 9:04am
There are two levels of debt. CAL, Illinois and others are the worst kind
Nat Gas Man
3/29/17 9:07am
<< Deleted >>
BYUMizzou
3/29/17 9:19am
My first commercial landlord was a bit of a mentor to me. He once told me that
deljdc
3/29/17 10:36am
Alabama also has $180M as a reserve fund right now. If they have that much debt
BamaCoug
3/29/17 4:02pm
UCONN is only that high because of massive subsidies. Massive. Take them away and they have
YIsForBrigham
3/29/17 9:10am
I wish the P5 would pass a resolution outlawing subsidies, I know the B10
Nat Gas Man
3/29/17 9:12am
The athletic depts will never do it, it would have to come from state govt's.
cougarmeister
3/29/17 9:27am
I think you are 100% Correct.
LEDSFW
3/29/17 9:33am
I've got 200 million in credit default swaps on the Big12's debt obligations.
Brutus216
3/29/17 12:09pm
Nicely done. Wish they had multiple laughy face options.
jkccoug
3/29/17 12:19pm
Ive got a trillion dollhairs universal life investment that <6% get this joke
NotOfYourFaithBYUFAN
3/29/17 10:57pm
I am less worried about insolvency than irrelevancy
teancum
3/29/17 12:09pm
Texas has been flirting with both.
Division Bell
3/29/17 1:34pm
One other big factor in BYU's favor is that they have been very actively working
ManicBlue
3/29/17 12:40pm
What's the projected timeframe for them to finish?
BYUSwoop
3/30/17 12:36am
Not sure, it's a long term goal. There are approx. 255 athletic scholarships and
ManicBlue
3/30/17 1:15am
Don't worry all those schools have taxpayers willing to subsidize them further
Big Wally D
3/29/17 12:46pm
Great observations and great post. The more I learn about finance in CFB
Harrison0Yfan
3/29/17 12:54pm
I just read about the U of Utah's stadium expansion likely plans. Will Zions Bank finance that one?
ToasterChive
3/29/17 2:00pm
I wonder where we would be if BYU was willing to go into debt like other schools
Hill4Heisman
3/29/17 7:02pm
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