WHERE IS ARMCHAIR?

[shoxlax]

Wrong WSU

lol

[MoValley John]

I vote we take a teensy weensy lil' dip outta that bucket.

I'm with you on that, not just for Wichita State but university endowments in general. If you look at what schools use the money for, it often fits the guidelines and "purpose" of the endowment, but generally, has little impact on students. Looking at how Harvard utilized their endowment during covid, it was a joke. Harvard literally has billions and billions in endowment money but gave zero to offset student fees while students were remote learning. The cost to Harvard dropped with no students on campus, students had to pay just as much, and the endowed didn't do anything to help. Most Harvard students are somewhat affluent, but not are, and the endowment did nothing to help. It polished bricks and morter, but helped Noone.

I know Harvard is an extreme example, but university endowments in general are large, and those that control them are tighter than the Virginia Connie Swail. Cold is right, pulling endowment money would get you where you want to be, but politically, you'll never get the money.

[asiseeit]

BINGO - "people don't like throwing money at doomed efforts" or trying to keep up with the ultra rich Jones. In addition, in many / most cases your contributing for players that would see us as nothing more than a stepping stone to play for the richest schools. The NCAA has ruined college basketball with the NIL and the portal.

[MoValley John]

BINGO - "people don't like throwing money at doomed efforts" or trying to keep up with the ultra rich Jones. In addition, in many / most cases your contributing for players that would see us as nothing more than a stepping stone to play for the richest schools. The NCAA has ruined college basketball with the NIL and the portal.

Lawsuits created the NIL, the NCAA merely tried to set up a system to oversee student's monetizing their name. I don't know how anyone could manage the mess. The transfer portal is all on the NCAA, what a joke. When Dr Pepper is running a transfer portal ad, you know the system is garbage.

The one good thing the NIL does, is it gives student athletes a choice between leaving early in hopes of getting a pro gig, or staying in school and getting a degree. The NIL will have little effect on the top tier of players, but projected late first and second round kids can now opt to stay in school, probably make similar or more money than Europe or G League, and get a degree.

[WuDrWu]

https://foundation.wichita.edu/shocktheworld/

Lotta good folks in that pic.

[Kung Wu]

As some have suggested, the only hope may be to get it endowed before the apathy fully sets in. Raising an endowment of the size that would ultimately prove necessary to fend that off would be a daunting challenge, to put it mildly, to say nothing of the fact that the effort would probably need to be successful at 100+ schools to stave off what's coming and/or make it irrelevant.

Somebody else gets it!

[Kung Wu]

There's nothing magical about an endowment. It's institutional welfare under a different name - and a LOT more of it.

We just need a clean, crisp check for about $5M to get the ship headed in the right direction. To endow that into perpetuity would require $100M.

* sigh * Here's somebody that doesn't get it.

[WstateU]

Endowment...

[wichshock65]

Endowment...

Well endowed.

[MikeKennedyRulZ]

Endowment...

Maybe that can be part of the NIL as well?

[Shockm]

Well endowed.

That endowment is padded plus possible extra added endowment. How endowed is it really?

[wichshock65]

That endowment is padded plus possible extra added endowment. How endowed is it really?

Endowed enough.

[BOBB]

The purpose of most endowments is to grow the endowment. Can’t convince me otherwise. A lot of people make money managing and advising endowments.

[ShockTalk]

That endowment is padded plus possible extra added endowment. How endowed is it really?

More than enough, but maybe not you.

[Shockm]

Endowed enough.

With surgery perhaps? How do you know?