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General Ohio University Discussion/Alumni Events

Topic: WOUB: Ohio University Projections Show Millions In Deficits

Topic: WOUB: Ohio University Projections Show Millions In Deficits

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RPO R6V
General User

Member Since: 1/7/2005
Post Count: 200

Status: Offline

WOUB: Ohio University Projections Show Millions In Deficits

Posted: 10/15/2020 8:04:52 PM

https://woub.org/2020/10/12/ohio-university-projections-s... /

BillyTheCat
General User

Member Since: 10/6/2012
Post Count: 7,129

Status: Offline

RE: WOUB: Ohio University Projections Show Millions In Deficits

Posted: 10/15/2020 8:26:55 PM

Sounds like we need more retention bonuses.

BillyTheCat
General User

Member Since: 10/6/2012
Post Count: 7,129

Status: Offline

RE: WOUB: Ohio University Projections Show Millions In Deficits

Posted: 10/16/2020 7:41:11 AM

NYT reports this morning that there is a nation wide 16% drop in attendance.

That one crazy fan
General User

Member Since: 7/21/2010
Location: Iowa City, IA
Post Count: 486

Status: Offline

RE: WOUB: Ohio University Projections Show Millions In Deficits

Posted: 11/24/2020 4:55:59 PM

BillyTheCat wrote:

NYT reports this morning that there is a nation wide 16% drop in attendance.

That may be, but OU has been operating with a deficit for quite some time. When I was there a decade ago, I remember a report in the student paper that said that OU was operating something like $30-40 million in the red. Since they've apparently been expanding their administrative staff and giving more and more to coaching salaries to keep them (and I say that as an avid sports fan), it makes sense that this trend has only continued.

The opposing team sucks!

Alan Swank
General User

Member Since: 12/11/2004
Location: Athens, OH
Post Count: 6,401

Status: Offline

RE: WOUB: Ohio University Projections Show Millions In Deficits

Posted: 11/24/2020 10:32:00 PM

RPO R6V wrote:

https://woub.org/2020/10/12/ohio-university-projections-s... /

Anyone else tired of the "new normal?"

https://www.weforum.org/agenda/2020/06/theres-nothing-new... /

OUPride
General User

Member Since: 9/21/2010
Post Count: 477

Status: Offline

RE: WOUB: Ohio University Projections Show Millions In Deficits

Posted: 12/4/2020 9:48:16 AM

New article digs deeper into the situation. They mention that Miami isn't as healthy as they claim to be, and that there revenue has been falling steadily as they have to offer huge discounts on that ridiculously inflated tuition price.

https://woub.org/2020/12/03/ohio-universitys-budget-crisi... /

Last Edited: 12/4/2020 9:49:38 AM by OUPride

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