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UL Athletics in Financial Crisis | Lafayette Louisiana News
UL’s athletics program is hemorrhaging cash—$12 million annually, but that’s only the tip of the iceberg. Without subsidies from student housing, dining, and transportation, the deficit swells to nearly $30 million. Auxiliaries, which once funded student services, now funnel millions into covering athletic payroll and operations. With athletics generating just $16 million while spending $46 million, UL joins a growing list of Sun Belt schools using cross-campus revenue to prop up sports. Officials insist athletics fuels school spirit and recruitment, even as academic departments face cuts and…
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