Money

One Video Explains Why Your Student Debt Is so High

October 13th 2015

College athletics are undoubtedly often a cornerstone of campus pride and identity; in some places, the entire city gets onboard. Sports facilitate community and bring people together like nothing else can.

But with the good comes the bad, and a new video questions what relationship college athletics have to rising tuition prices and college professor cuts.

RELATED: Guess How Much Money Your College is Making From Sports

The backbone for Brave New Films' latest video explores the influence that college athletics has in the cost of your education, suggesting that college athletics may play a bigger role in rising student debt than anyone realizes. As tuition continues to increase and professors continue to be let go, the video suggests that one of the causes will hit close to home for fans of college sports.

The video makes compelling arguments about where money goes and how much is spent on sports.

According to the Institute for College Access and Success (TICAS), 69 percent of students left college with an average debt of $27,900 in 2013, and some of that money to schools' athletic departments.

Portions of student fees vary depending on the university, but large portions of athletic department budgets come from students or taxpayers. Often times, the video alleges, the university doesn’t make that money back.

RELATED: Here's the Quiet Reason College has Gotten So Expensive

“What I often hear is ‘okay we might be losing millions of dollars on college athletics, but look at what it brings to the university,” B. David Ridpath, Associate Professor of Sport Management at Ohio University, said. “But yet, the research does not support that.”

Using a report by the Delta Cost Project, USA TODAY explains that public universities competing in Division I sports spend as much as six times more per athlete than they do educating students.

RELATED: College sports enriches academics? Dead wrong. Here's the data to prove it.

“Between 2005 and 2010, spending by athletic departments rose more than twice as fast as academic spending on a per-student basis,” according to USA Today.

Despite the compelling evidence, it can't be denied that college athletics are so entrenched in American culture that redirecting where athletic department funding originates will be an extremely difficult battle.

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