socaltownie;842576982 said:
You really are new here. The AD didn't have a "massive reality check" last year...or the year before...or the year before that...or the year before that. It is going to hurt but they are fine with where things are (see USA Today piece) and so too are the major donors.
And frankly I am as well. Focusing on the classroom the right thing. It just makes me sad that it puts a ceiling on our upside....but I am also sad that I will never sleep with a supermodel and yet I struggle on, every day, endlessly beating against the current that takes me ever further from the green light on the end of the dock.
The only possibility of a reality check is if the revenue situation gets bad enough, in conjunction with the stadium debt, that it begins to adversely affect the non-revenue sports, because they don't have enough money to keep their coaches or maintain scholarships. Looking way down the road, I could also see a situation where general university funds might have to be used to pay for the debt. That's going to create a situation where the Naders and Barskys will argue that we should just default, while the Haas business professors argue that the school can't whack its access to the credit markets. That would be an interesting debate.