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HOO86

Joined: 12/12/2002 Posts: 21847
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University of Maryland College Park isn't a model of financial success.


It's a school of 41,000 students that has a woeful endowment of $542.1 million (2017). That would be dead last in the ACC for a school that would be one of the largest. It's lower than Clemson, which is in a poor state and the lowest in the current ACC at $621 million (2016). Maryland is not in a poor state. They truly have an endowment in the ranks of a commuter school as you state. Wallace Loh did nothing about it, and Daniel Mote didn't either before Loh.

The finances of athletics sort of follow the same pattern as finances at the whole place. It's been that way for a long time as you suggest, and will continue most likely depending on who is hired as the next President.

(In response to this post by Mercury)

Posted: 11/08/2018 at 9:18PM


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Current Thread:
 
  SI: Should the Big Ten have Buyer's Remorse Over adding UMD and Rutgers? -- HOO86 11/06/2018 1:33PM
  No, they effectively bought the state of Maryland, a populous state... -- lawhokie 11/12/2018 09:02AM
  But they could of had Mizzou and likely Kansas instead -- Vippie1 11/15/2018 10:18AM
  If Maryland's #1 Mission is to make more money in sports right now mission -- Stech 11/07/2018 07:04AM
  Maryland is a case study... -- 2hhoop3 11/08/2018 10:49AM
  The “Beltway” mentality and influence has taken down a lot of other folks -- RJHokie 11/08/2018 10:54AM
  Athletics has been a financial liability at Maryland for a long time -- Mercury 11/08/2018 7:38PM
  University of Maryland College Park isn't a model of financial success. -- HOO86 11/08/2018 9:18PM
  Re: Endowment. How do you count the $1.29 B University System of Maryland -- jmanatVT 11/09/2018 11:08AM
  UMD -- bystander 11/09/2018 1:04PM
  That's an aggregate. I was talking about the part of that for UM-CP. -- HOO86 11/09/2018 12:00PM
  UMD -- bystander 11/09/2018 10:09AM
  Your header line says it all! ** -- RJHokie 11/08/2018 9:22PM
  You could be right.... -- 2hhoop3 11/08/2018 11:04AM
  I agree with the opportunities and proximity. In reading some of the -- RJHokie 11/08/2018 11:12AM
  That is the thing -- 2hhoop3 11/08/2018 11:30AM
  I find these articles fascinating. -- HOO86 11/07/2018 10:33AM
  One man's opinion -- 33laszlo99 11/09/2018 10:08AM
  Yes, those articles pretty much put those programs on a -- RJHokie 11/07/2018 10:38AM
  No, they shouldn't. ** -- reestuart 11/06/2018 5:31PM
  Maryland is still better off financially in the Big 10 and... -- Old Line Hokie 11/06/2018 5:18PM
  Say it ain't so!! Remorse all the way to the bank? ** -- Lakeridgehokie 11/06/2018 4:11PM

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