First thread I've ever started, hope the link works......some more "love" for the program
NJ.com Schiano Article
- Thread starter CJ1987
- Start date
I swear nobody in Trenton went to a Division 1-A university.
Schiano regarding the end of Big Ten divisions—
The writer mentions that the other schools pay their coaches at least twice as much. That sends the message "Pascrell is out of his mind by including Rutgers."
The only solution to this issue is to get more Rutgers alumni in the statehouse. Pascrell is a Fordham grad, so he doesn’t have a clue about big time football. Sargent is an investigative journalist now, so I guess that‘s what his investigations will focus on.
“Americans across the country have a right to know if their tax dollars are being wrongly used....."
Not on college coaches (as that is much larger than Rutgers), but how about on the American Dream mall in our own lovely state???
These people are quite sick to me in how they just spew nonsense without looking in the mirror. We need term limits on Congress IMMEDIATELY!!!
Not on college coaches (as that is much larger than Rutgers), but how about on the American Dream mall in our own lovely state???
These people are quite sick to me in how they just spew nonsense without looking in the mirror. We need term limits on Congress IMMEDIATELY!!!
Someone out there has more details than me, but here goes—
There are NINE MILLION people in New Jersey. After you deduct donations, TV revenue, ticket revenue, food and merchandise revenue, parking, advertising income, how much money from each New Jerseyan is going to Schiano each year? Maybe ten cents ?
There are NINE MILLION people in New Jersey. After you deduct donations, TV revenue, ticket revenue, food and merchandise revenue, parking, advertising income, how much money from each New Jerseyan is going to Schiano each year? Maybe ten cents ?
He's 85. Believe it or not, he's running for re-election despite his age. He won easily last time, but maybe he figures that bashing Rutgers football is good for him politically. That indicates something bad -- that having a major football program is not that popular in the state, and so politicians figure they can make hay by criticizing it.
I skimmed through the article. The headline is obvious click bait. The there are two separate issues. One is the issue that the headline invents. NJ tax payers contribute very little to what GS makes. We have been down this road 100 times. People continue to assume that state colleges are 100% tax payer funded like public high schools. They are not. Football is a revenue sport. The premise of the argument is wrong and every time it is brought up key facts are omitted.
The second issue, and the one that is fair to discuss, is whether colleges get too many advantages in the tax code. If the letter was sent to 50 schools and Rutgers only got one because the congressman had to include his home state on the list… I don’t have a horse in that race, but it centers a lot more around endowments then it does football. Unfortunately, NJ.com rarely passes on a chance to take a swipe at RU so we get the lazy headline and the typical rambling train wreck of an article filled with disconnected pieces of information.
The second issue, and the one that is fair to discuss, is whether colleges get too many advantages in the tax code. If the letter was sent to 50 schools and Rutgers only got one because the congressman had to include his home state on the list… I don’t have a horse in that race, but it centers a lot more around endowments then it does football. Unfortunately, NJ.com rarely passes on a chance to take a swipe at RU so we get the lazy headline and the typical rambling train wreck of an article filled with disconnected pieces of information.
Endowment hoarding is the more relevant issue, though it affects privates more than publics. The 2017 tax bill instituted a small excise tax on multibillion dollar endowments. A more interesting proposal was made by Chuck Grassley about 15 years ago. Tax exempt private foundations, unlike public foundations, are required by law to spend 5% of their endowments as valued on the 1st day of their tax year, on their exempt functions. Private universities have always been classified as public. Failure to do so results in a penalty tax. Grassley proposed extending that to public exempt organizations, including schools. The result was a lot of angst among the Ivies, Duke, Stanford etc. Miraculously financial aid packages got increased. But what killed it from getting passed was the Great Recession, which gave rise to the plea not to do this while endowments are getting whacked.
Maybe it's time to revisit.
Yes the article reads like
One of these things is not like the others
One of these things doesn't belong
Can you tell which thing is not like the others
By time I finish this article?
Good job Bill Pascrell Jr,. proving once again NJ politicians are a collection of morons. Last I check the bill for NJ taxpayers came to under .25 cents per eligible resident. So next time someone bitches, flip them a quarter and tell them to keep the change.
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Rutgers does not have a big endowment compared to other public schools. Moreover, as a public school, it does not need to pay taxes. So it makes absolutely no sense for Pascrell to raise Rutgers if he is concerned with the tax treatment of endowments.
As for "click-bait," yes, it is, but as I pointed out above, the author of the article makes it clear between the lines that he knows Pascrell is being unfair.
Well said Rt18.
In regards to the first issue:
1) In general, the State of New Jersey contributes approximately 25% to the annual revenue budget of Rutgers University . 75% of the University's revenue comes from other sources.
2) Athletics expenditures are less than 3% of the total budget. Those with higher analytical skills than I can determine what % of the athletics the State is paying for. Less than 1%???
The next time your brainwashed neighbor who believes that the State is paying for 100% of the athletic budget says he's tired of paying for Rutgers athletics please enlighten him.
3 ) New Jersey ranks 33rd out of 50 states in per capita spending on higher education and 42nd when funding for higher education is measured against personal income. Maybe Kratch and his pal should ask Pascrell to justify those embarrassing facts.
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New Jersey has dropped funding to 18.8% of the budget. Athletic spending has dropped to 2.8% of the overall budget. Mostly due to increased spending throughout the University and Athletic spending not keeping up with that increase. (It was just over 3%) Also the State only allocates about $15k to Rutgers Athletics.
However, those facts don't fit the agenda of these hit pieces, so you'll never hear them. Imagine putting those facts in, people would go, "Oh, well that's not so bad".
The only argument here is not about RU sports or how much is spent on it but that NJ has the 4th highest charges for tuition and fees for in -state residents . That should not be .
9th District Residents:
Pascrell Contact
Look, it's great to debate this on TKR, but it'll mean more for constituents to write the misguided fool.
Oh, and 9th District:
Bergen County (27):Carlstadt, Cliffside Park, Cresskill, East Rutherford, Edgewater, Elmwood Park, Englewood, Englewood Cliffs, Fort Lee, Garfield, Hasbrouck Heights, Leonia, Little Ferry, Lyndhurst, Moonachie, North Arlington, Palisades Park, Ridgefield, Ridgefield Park, Rutherford, Saddle Brook, South Hackensack, Teaneck (part), Tenafly, Teterboro, Wallington and Wood-Ridge
Hudson County (2):
Kearny (part), Secaucus
Passaic County (6):
Clifton, Haledon, Hawthorne, Passaic, Paterson and Prospect Park
Pascrell Contact
Look, it's great to debate this on TKR, but it'll mean more for constituents to write the misguided fool.
Oh, and 9th District:
Bergen County (27):Carlstadt, Cliffside Park, Cresskill, East Rutherford, Edgewater, Elmwood Park, Englewood, Englewood Cliffs, Fort Lee, Garfield, Hasbrouck Heights, Leonia, Little Ferry, Lyndhurst, Moonachie, North Arlington, Palisades Park, Ridgefield, Ridgefield Park, Rutherford, Saddle Brook, South Hackensack, Teaneck (part), Tenafly, Teterboro, Wallington and Wood-Ridge
Hudson County (2):
Kearny (part), Secaucus
Passaic County (6):
Clifton, Haledon, Hawthorne, Passaic, Paterson and Prospect Park
Is this list of communities before or after the new redistricting of Congressional seats? That redistricting made almost all incumbents (of both parties) safer.
Not really, at least in North Jersey. Pascrell's district was so overwhelmingly Democratic they switched a few solidly Democratic towns over to the 5th to make that a safe Democratic seat as opposed to a purple district.
I don’t click on these nj.com threads. 32m would make him by far highest paid ncaa coach. I believe he’s like 40th overall and bottom quarter of big 10.
That's over 8 years, but adds to the click bait. Objective my gluteous maximus
And that we have nickels to give in financial aid to New Jersey students. Meanwhile, NJ kids with decent grades can go to out of state public universities for the same price as Rutgers. Nephew goes to Florida for the same price as Rutgers. University of Louisville is at the New Jersey college fairs and offer this program to kids in all 21 New Jersey counties—
It was less expensive for my younger daughter to go to Florida state than rutgers due to money they gave her; roughly $15K per year less.
That is just nuts when you think about it. I have run into several people at Rutgers games over the years whose kids wanted to go to Rutgers, but Ohio State was significantly cheaper.
She qualified for in state tuition which knocked $18K off and then she got 5-7 per year additional money.
She also could have gone to FAU for less than $5K per year. Neither she nor I liked the school when we toured.
Which school has a nicer campus, Florida State, FAU, or FIU. One of my sisters graduated from Florida State in 1857 lol Probably has changed a bit.
You want to read positive things about Rutgers football? Start reading the Syracuse Orange they give us a lot of props up there.
They get it!
They get it!
The NJ congressional delegation is one of the weakest in all of DC. If they were worried about tax payers of NJ they would demand more of our federal tax money be returned to NJ. Instead they glad hand to make sure their pockets are filled. Name one thing Pascrell can take credit for in his multi decade political career?
1857? That should put you over 150 yrs old. Lol.
Like FSU campus better but Tallahassee is a dying city even though state capital. Daughter now lives in tampa after graduating. Of the schools in Florida, North Florida had nicest campus. It’s in Jacksonville.
I'll never understand how the tuition at Rutgers has been allowed to increase so dramatically over the years.
In 1970 it was $200 a semester plus $31.50 in student fees. Now it's what...$5,000 ? For a STATE university ?
Have costs increased anywhere near that much for Rutgers since the 70s ?
Less than that, if in fact any goes to him. Not sure where the numbers stand now, but the AD as a whole was running in the red, but the football program was net positive at one point.
That makes sense. It sounds like they made the neighboring district safer without compromising the safeness of Pascrell's. He won with 69% last time -- it's hard to believe he can be beaten with the new lines, even if the November elections are as bad for Democrats as currently projected.