Dr. Richard Vedder
Dr. Richard Vedder, Distinguished Professor Emeritus of Economics at Ohio University, authored an article at Forbes headlined “Colorado State, Rutgers, Eastern Michigan University: Fiscal Insanity In College Sports.”
Summer is when sports fans take a hiatus from big-time collegiate competitions involving balls. Perhaps it is a good time, then, to reflect on the damage that excessive exuberance over the allegedly positive effects of athletic competitions can create in American universities. This is a tale about three of those schools.
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