That's an insane amount of debt....

Mar 29, 2017
8:40:08am

KGKUGR All-American

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

Bio page: 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

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