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My sources...

SFspidur said:
I went back as far as 2005 and compared our performance to the average performance of both $1B+ schools and all schools. In good years and bad, we've lagged the $1B+ average every year since 2011.

We've lagged the overall average every year but one since 2011...we beat it in 2015 by a tenth of a point. Prior to 2011, we generally outperformed both averages.

Pulavarti left at the end of the 2012 fiscal year.

2019
UR: 0.25%
$1B+: 5.9%
All: 5.3%

2018
UR: 5.8%
$1B+: 9.7%
All: 8.2%

2017
UR: 8.4%
$1B+: 12.9%
All: 12.2%

2016
UR: -7.7%
$1B+: -1.9%
All: -1.9%

2015
UR: 2.5%
$1B+: 4.3%
All: 2.4%

2014
UR: 14.3%
$1B+: 16.5%
All: 15.5%

2013
UR: 8.3%
$1B+: 11.7%
All: 11.7%

2012
UR: -0.5%
$1B+: 0.8%
All: -0.3%

2011
UR: 16.2%
$1B+: 20.1%
All: 19.2%

2010
UR: 13.9%
$1B+: 12.2%
All: 11.9%

2009
UR: -16.8%
$1B+: -20.5%
All: -18.7%

2008
UR: 3.0%
$1B+: 0.6%
All: -3.0%

2007
UR: 15.4%
$1B+: 21.3%
All: 17.2%

2006
UR: 14.9%
$1B+: 15.2%
All: 10.7%

2005
UR: 9.4%
$1B+: 13.8%
All: 9.3%
Click to expand...
How has UCLA done over that same time period? 2005-2012/2013-2017?
 
Spiders05 said:
Interesting to note that $1B+ outperformed relative to under $1B except for one year.
Click to expand...
Yeah, it's typical for larger endowments to perform better. I'm not sure if it's that they're more aggressively invested than smaller schools that are more focused on maintaining than risking their nest eggs, or if the schools with larger endowments are better fundraisers so they get more of a boost from new contributions on top of their investment returns. Probably more the latter.
 
Just got an email asking about why I haven’t donated to Spider Club this year. Dissatisfaction with hoops last year aside, I realized that they really haven’t figured out a way to loop in folks from outside RVA very well. My other Alma mater has a much stronger national strategy. That would really help.
 
Some of my reading list for today...

Louisville head coaches and athletic administrators are taking a 10% pay cut for next year:

https://www.wdrb.com/sports/louisvi...cle_c4d51fe2-7a5c-11ea-9db8-df17b41594fd.html

Eastern Washington football coach and AD doing similar:

https://www.ncwlife.com/ewu-football-coach-takes-pay-cut-to-help-university/

SI on what the impact would be if there's no football in the fall:

https://www.si.com/college/2020/04/08/college-football-future-2020-ncaa-coronavirus

Philly Inquirer on a similar topic but with less emphasis on the football piece, with some quotes from McGlade:

https://www.inquirer.com/health/cor...-college-sports-economic-impact-20200327.html

A little more perspective on the ODU move. Their problems run much deeper than coronavirus, but it certainly made things more dire for them.

https://www.pilotonline.com/sports/...0200403-akwhwiad2zfmrbvob7j6dlzcjy-story.html
 
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I don’t think Wainwright was a bad hire. Remember he was a top coach in the CAA at the time. Had a lead assistant in UR alum Winecki and he took UR to the NIT and NCAA while at UR. I think where blame is to be had is on the vision/future of the program. I think Wainwright had one idea and the school/Miller had other ideas. They could not get on the same page and I think both sides are to blame for that. And I think probably Miller is not alone on the admin side.
 
Agree, I was all onboard with the Wainwright hiring at the time. I meant, the search for his replacement only led him to interview 2 guys?? And he hired Mooney based on him taking over an NCAA team at AF and not getting close the next year??
 
The Mooney hire and the Latrell Scott hire are probably the 2 glaring examples of Miller completely undervaluing the job we have. Neither of these guys had the pedigree or experience to be running our football and basketball programs.
 
SFspidur said:
Yeah, it's typical for larger endowments to perform better. I'm not sure if it's that they're more aggressively invested than smaller schools that are more focused on maintaining than risking their nest eggs, or if the schools with larger endowments are better fundraisers so they get more of a boost from new contributions on top of their investment returns. Probably more the latter.
Click to expand...

Interesting TD interview today with Hardt about salary cuts for him and other UR coaches, as well as a freeze on hiring. In other news, Harvard, with the largest endowment, has implemented similar freezes. On top of that, there is more chatter from various schools about the growing likelihood of online classes in the Fall.
The lifeblood of schools like UR is the parents who pay the full $70k tuition. Most of these parents are not independently wealthy — they are doctors, attorneys, investment professionals, corporate managers, and small business owners, who up until four weeks ago could justify the $300k price tag for four years — as painful as it was.

How many of these parents have been or will be furloughed from their law firm? How many are orthopedic surgeons who can’t perform elective surgeries? How many have been forced to close their business? How many are terrified that the job cuts will expand from restaurant servers to white collar jobs?

More to the point, how many are going to be willing to pay that kind of money for online classes? And if more and more of these parents decide they cannot justify these massive tuition costs, what are the trickle down effects?

Unless the situation improves dramatically and quickly, schools like UR, whose model depends on wealthy parents paying exorbitant tuition to subsidize operations, will face an existential crisis.

These schools have had parents by the balls for years and years. The tide may be turning. Whether that is good or bad depends on your perspective, but massive change may be coming, and soon. I hope that the University leadership can adapt to the changing landscape and keep UR on firm footing.
 
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UFA, good points. I was just saying this to my wife. Both my college students go to out of state public schools. I certainly don't want to pay the out of state tuition difference for certain if we are still in a remote class room in the fall. I heard a financial advisor talking about this same point on a weekly show out of NYC.
 
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UFA 2006 said:
Interesting TD interview today with Hardt about salary cuts for him and other UR coaches, as well as a freeze on hiring. In other news, Harvard, with the largest endowment, has implemented similar freezes. On top of that, there is more chatter from various schools about the growing likelihood of online classes in the Fall.
The lifeblood of schools like UR is the parents who pay the full $70k tuition. Most of these parents are not independently wealthy — they are doctors, attorneys, investment professionals, corporate managers, and small business owners, who up until four weeks ago could justify the $300k price tag for four years — as painful as it was.

How many of these parents have been or will be furloughed from their law firm? How many are orthopedic surgeons who can’t perform elective surgeries? How many have been forced to close their business? How many are terrified that the job cuts will expand from restaurant servers to white collar jobs?

More to the point, how many are going to be willing to pay that kind of money for online classes? And if more and more of these parents decide they cannot justify these massive tuition costs, what are the trickle down effects?

Unless the situation improves dramatically and quickly, schools like UR, whose model depends on wealthy parents paying exorbitant tuition to subsidize operations, will face an existential crisis.

These schools have had parents by the balls for years and years. The tide may be turning. Whether that is good or bad depends on your perspective, but massive change may be coming, and soon. I hope that the University leadership can adapt to the changing landscape and keep UR on firm footing.
Click to expand...

Colleges and universities thinking that they can just convert to "online classes" and continue to operate as full colleges with full tuition better get a hold of themselves quickly. I understand the need to do that when this thing first broke out, but if they think that parents and students are going to just go along if they try to do this in the Fall have another thing coming. If it was my kid, I can take the same online classes at Southern New Hampshire college or any of the number of colleges set up as online learning colleges for a small fraction of the price it takes to go to UR or Harvard.

They have 4 months to figure out how to bring back in person college, they best take that time to figure out what they need to do to make that a reality, particularly for a virus, that for the most part has very limited impact on 18-22 year old population.
 
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If you go to full online mode - the school and other schools will need to lower the price. But at the same time, in a virtual classroom - you can let it more students because you don't have to worry about class sizes or boarding students.

The fact that the largest endowment schools are even implementing freezes just goes to show that the endowment is just one big measuring stick. I understand a good portion of it is invested - but in times like these, you should be able to take drastic moves. Take Harvard for example - if they had 40 billion in endowment, are you telling me that in a state of emergency like we are in - they can't simply pull 5 billion out of the endowment into liquid assets/cash? So that puts them down to 35 billion maybe even less with market tanking, but still - these endowments just sound like savings funds that the school can't use or doesn't want to use because they measure each other by their endowments. In the meantime - financial aid for students will suffer, employees will lose their jobs or be furloughed just to keep the endowment a certain size.
 
The trick is to charge $70,000 and then offer 1/2 off in “scholarships” and “grants” and make it look like a deal. Even works on the educated.
 
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nobody wants to play full tuition if their kids are taking classes online, but you can't just take University of Phoenix online classes and get your degree at your real college.

separately, what does a kid on a sports team do if the year is online? does it count as a redshirt season?
 
SFspidur said:
The university’s investments have lost tons of value in this. They refunded nearly half of the room and board fees to students for this semester, yet they’re continuing to pay all employees at least through the end of the school year.

They’ve already taken a hit, but there’s still significant uncertainty for next year. Will they hit their target class size for next year, given some may back out and want to stay closer to home or maybe defer a year? Fortunately the May 1 deadline isn’t here yet, so they’ll have time to see how things are rolling in and work from the wait list, but still lots of uncertainty. We don’t rely on international students to the extent that some schools do, but we have quite a few, and how many of them are rethinking their plans?

Yes, we’re in better shape than most, but even for us it’s not good. I know folks on campus are wondering where the cuts are going to come from for next year.
Click to expand...
The tuition hit from international is of some significance. Many of the Asian students are full tuition and there’s anticipation that they may not be back next year.

Things are tough all over, UR is no exception.
 
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There's always more applicants than openings, so I don't understand your point.

Too much hysteria in the world.
 
ChoppinBroccoli said:
Maybe this will finally loosen up those admission standards that the apologists like to use as an excuse.
Click to expand...
No chance - you don't want a handful of dumb basketball players watering down the overall student body GPA. Just go ask men's soccer and track about that.
 
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AnnapSpider said:
Without being cruel, should we be picking up a recruit or two?
Click to expand...
Seems like a poor match...with the way baseball schollies are divided up, tough sell to get a guy from a public school to lay out a bunch of cash for UR. And they’re a really bad program. Not that we’re world-beaters, but just seems like we’d be pretty low on the lists of any of their decent guys.
 
One theory is that this pandemic and cancellation of seasons and cutting of sports will lead to a burst in the bubble that is college education and sports. With enrollments likely to drop and a possible forgiveness on the way for student loans - I think Universities will need to rethink going forward what aid and loans they provide to students and how much they charge for tuition. UR is a good example - although I would expect UR has a healthy endowment to survive this. UR tuition is right around 52K with the average student only paying 26K because of aid being given. I wonder if some schools, with smaller endowments or endowments that get emptied because of this crisis, to rethink this and maybe move towards lowering tuition but giving out less aid. So instead of sticker price of 50K - sticker price will be 40K, but far less aid given out - and average price will actually increase - with far less loans and aid being given. And of course - the government needs to exit the college loan business. By staying in the game - they are just handing money to the Universities and putting kids in debt for years to come.
The other effect will likely be on sports salaries. Not at the major schools. Don't think Calipari or Coach K will have their salaries reduced or when they retire the school will think we can't pay that much for coaches anymore. But I can see mid-majors especially and lower - rethinking the arms race that is coaching salaries. Should we be paying $1 million a year or should this be lowered to 500K. Again - don't think schools will break contracts. But when these contracts are up or coaches leave/get fired - I might expect to see a correction in the drop of coaches salaries at the mid-level and lower ranks, and I can see UR falling into that category for basketball and football.
 
I don't see any of this. what does lowering the sticker price but also lowering aid accomplish? that helps the evil "wealthy" and hurts the masses, the exact opposite of the stated "need blind" goal.

and schools pay coaches because successful rev sports make a lot of money.
 
At the top level - these sports make money. At the lower level - these sports make enough to fund the other sports. This is why you see schools cutting sports right now because the simple loss of revenue in one semester has them drowning. Using UR as an example - lets assume, and I think they will - UR basketball makes the tourney next year. Mooney will be the hot coach again and likely his phone will be ringing. Does the administration give him a raise and extension - in a normal environment, you most certainly would coming off probable back to back NCAA appearances and being suited by other schools - you want to keep him. Or does the school take a more fiscal approach and thinks - should we be paying this much for a coach at our level and given our priority in athletics. Should we let him leave or not give a raise because 1 million a year is a lot of money anyways - and if he leaves - we can hire the next coach for maybe 750K and save 250K a year for the next 5 years.
I think when money was flowing - this was not a discussion that was taken seriously. But not in light of recent events - I can see a lot of mid-majors and lower level schools having this discussion.

Like I said - I don't see UR taking the path, but I would not be surprised if other schools do it. Does it hurt the masses - sure does. But with enrollments droppings and schools (without endowments to fall back on) needing money - the best place to get it - from kids and parents who you know can pay, without needing much loans or aid packages. Think of it like selling a house. You could sell your house for 50K, but have to wait and see if the buyer qualifies for the mortgage, gets a good interest rate, etc. Or - you have a buyer who walks up and says I can pay 35K - cash. No strings, no nothing. I think your going to see a good amount of schools limit the aid they are giving (because they don't have it to give and don't want to give it), and I think the government will have to think twice about all these student loans they give out.
 
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