College Sports Costly to Taxpayers
As the frenzy over the NCAA Final Four proves, many Kentuckians love college athletics. What they might not know is that taxpayers are picking up a large part of the tab. The state's eight public universities subsidize their sports programs with a total of almost $50 million a year from their schools' general fund budgets, which largely rely on state tax money and students' tuition and fees. Spending on athletics has remained strong despite nearly a decade of cutbacks in state funding, which have pushed much more of the financial burden of attending college onto students.