Quote:
Originally Posted by nostatic
you guys make wussy predictions. In a public talk last year I predicted that by 2026 over 50% of US colleges and universities would be bankrupt and close their doors.
I'd say 75% chance we are in a deep recession by the end of 2009. It will last until at least 2015.
|
That's really hard to believe with the MASSIVE tuitions they charge, let alone the money their athletic departments bring in.
Having a Division IA school is like owning an NFL team with the ticket revenues and merchandise sales...and with no Player salaries to boot.