Wazzu/Losses

Losses

Losses on Wazzu: a running collection of one story we have gathered and hand-picked because they are worth your time. Every post here touches on losses in some way — the news, the analysis, the deep dives, and the occasional surprise find. Washington State University (WSU) is a leading public land-grant research university in Pullman, WA, known for its strong programs in agriculture, environmental science,… New stories are added to this page as we find them, so check back if you want to keep up with what is happening around losses, or subscribe to the RSS feed to get them as soon as they are published. Browse the collection below, or head back to the homepage to see everything Wazzu is covering right now.

GAO Report: Athletic Programs Bleed Money
Inside Higher Ed

GAO Report: Athletic Programs Bleed Money

## GAO Report: Athletic Programs Bleed Money – A Quick Update A newly released Government Accountability Office (GAO) report delivers a sobering reality check: the financial picture for college athletics is far less rosy than the hype often suggests. The report, analyzing data from a significant sample of institutions, definitively shows that **the vast majority of colleges and universities – even those competing at the highest levels – operate athletic programs that lose money.** This isn’t a fringe issue; it’s a systemic one. The key takeaway? Students and the core academic mission are often subsidizing these athletic endeavors. The GAO found that general student fees, tuition revenue, and institutional funds are frequently diverted to cover athletic deficits. While revenue from ticket sales, merchandise, and donations can offset some costs, it rarely covers the full picture. Here’s a quick breakdown of the findings: 1. **Losses are Prevalent:** Over 75% of programs analyzed showed an annual financial loss. 2. **Subsidization is Common:** General student bodies and academic departments bear a significant portion of the financial burden. 3. **High-Profile Programs Aren't Exempt:** Even powerhouse athletic departments aren't consistently profitable. This report adds further weight to ongoing conversations about the sustainability of the current college athletics model. Readers interested in exploring the broader role of public institutions in supporting workforce development may find our article, "Public Colleges Anchor State Workforce Pipelines," a relevant follow-up.