The Economic Impact of Intercollegiate Athletics on Former Students
Unfulfilled Promises
- 2025
- Buch
- Verfasst von
- Richard J. Cebula
- Robert N. Fenili
- James V. Koch
- Buchreihe
- Palgrave Pivots in Sports Economics
- Verlag
- Springer Nature Switzerland
Über dieses Buch
Über dieses Buch
College graduates do not benefit economically from the intercollegiate athletic programs of their alma mater.
Students provide substantial funding for their institution’s intercollegiate athletic programs via tuition and fees. In fact, a typical student is required to pay for such activities. Will this financial burden paid for during undergraduate years help them in the real world?
Whether measuring the incomes earned by alumni, their upward economic mobility, or their record in paying off federal student loans, there is no subsequent economic payoff to graduates of institutions that spend large sums of money on athletic programs. And, in all actuality, evidence suggests that graduates of campuses with FBS (‘big-time”) football programs end up earning less than graduates of comparable non-FBS institutions.
The statistical analysis provided in this book is derived from a sample of almost 700 four-year institutions between 2004 and 2022. The authors present the information and provide analysis, focusing on five different measures of economic success the alumni (for example, the incomes alumni earn after graduating). The book uses this data to explain that there is either no definitive positive connection—and, in fact, there might be a negative relationship—between intercollegiate athletic programs and the economic success of their alumni.
Inhaltsverzeichnis
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Frontmatter
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Chapter 1. Beer and Circus?
Richard J. Cebula, Robert N. Fenili, James V. KochAbstractAmerican campuses are struggling to cope with unprecedented changes that are impacting their intercollegiate athletic programs. While in theory they retain the ultimate ability to decide the range and level of sports they sponsor, the facilities they provide, what athletic conferences they join, and how much they spend, reality is that they have only partial control over their own revenue streams and costs. This is one of the reasons why the growth in the typical institution’s intercollegiate athletic expenditures consistently has outpaced price inflation. Judicial decisions, especially House v. the National Collegiate Athletic Association, have forced many institutions to pay large sums to attract skilled athletes to their campuses. As a consequence, institutions now routinely switch athletic conferences, primarily in order to increase their revenues. It is “all about the Benjamins.” Amidst this, we ask a simple and direct question. What about the students? Specifically, are there any economic benefits that accrue to students after they graduate that can be traced to intercollegiate athletics? -
Chapter 2. Where We Are
Richard J. Cebula, Robert N. Fenili, James V. KochAbstractIntercollegiate athletic programs exist with the framework of colleges and universities that are engaged in many different activities, only one of which is educating students. How well do accomplish their goals? Do students learn to think critically? Do intercollegiate athletics interfere with that process? Do colleges function primarily as signalling devices that identify promising employees for employers? Do intercollegiate programs promote alcohol abuse or discourage class attendance? This chapter is devoted to providing background for succeeding chapters that address whether intercollegiate athletic programs confer economic benefits upon students that they carry with them after they have graduated. -
Chapter 3. The Sample and the Data
Richard J. Cebula, Robert N. Fenili, James V. KochAbstractThis is a “plumbing and heating” chapter in which we describe the data we utilize in our analyses, trace where these numbers come from, and in some cases describe their weaknesses. We present sample means, medians, and standard deviations for the variables we use in our analyses so that readers can acquire a sense of where we are now, for example, in the funding of intercollegiate athletic programs. We outline both the measures of economic success we seek to explain (for example, the incomes of students after they graduate) and the likely factors that influence those incomes. -
Chapter 4. The Incomes Earned by Graduates
Richard J. Cebula, Robert N. Fenili, James V. KochAbstractIs there any statistical connection between the incomes individuals earn after they graduate and the intercollegiate athletic programs of their alma mater? We utilize a variety of income measures to answer this question and in every case find that the answer is no. -
Chapter 5. Intercollegiate Athletics and Earning “More than High School”
Richard J. Cebula, Robert N. Fenili, James V. KochAbstractMany individuals who attend college do so because they hope to make themselves better off economically speaking—to earn “more than high school.” We find, however, that ten years after their high school graduation years, significant proportions of college graduates do not earn more than the median income earned by their high school graduation only counterparts. Intercollegiate athletic programs have no impact upon this relationship even though students usually end up paying for those programs. -
Chapter 6. Intercollegiate Athletics and Upward Economic Mobility
Richard J. Cebula, Robert N. Fenili, James V. KochAbstractMany college graduates anticipate that after they earn their bachelor’s degree, they will move upward economically speaking. However, upward economic mobility in American society has been declining. Our statistical tests fail to reveal any connection between intercollegiate athletic programs and upward economic mobility. -
Chapter 7. Intercollegiate Athletics and Student Debt
Richard J. Cebula, Robert N. Fenili, James V. KochAbstractDespite student debt forgiveness programs, total federal student debt now has reached a staggering $1.6 trillion. Is there any connection between this debt and intercollegiate athletic programs? Yes and no. Yes, because students on all but a few campuses end up paying for significant proportions of intercollegiate athletic expenses. But no, because the average size of a student’s federal student debt upon graduation has no connection to the level or intensity of intercollegiate athletic competition at graduates’ institutions. -
Chapter 8. Portents for the Future
Richard J. Cebula, Robert N. Fenili, James V. KochAbstractWe summarize our findings, which tell us that even though students on a typical campus end up paying for much of the cost of intercollegiate athletics, that in general there are no economic benefits realized by them after they graduate that can be attributed to their alma mater’s intercollegiate athletic activities. Thus, intercollegiate athletics are a consumption good that some students utilize, but even for these students who do attend athletic events, there are no economic benefits that they enjoy that can be traced to intercollegiate athletics. -
Backmatter
- Titel
- The Economic Impact of Intercollegiate Athletics on Former Students
- Verfasst von
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Richard J. Cebula
Robert N. Fenili
James V. Koch
- Copyright-Jahr
- 2025
- Verlag
- Springer Nature Switzerland
- Electronic ISBN
- 978-3-032-03453-3
- Print ISBN
- 978-3-032-03452-6
- DOI
- https://doi.org/10.1007/978-3-032-03453-3
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