Public, four-year universities are down 1.9%, private, four-year universities are down 2.1% and two-year colleges are down 9.5%. It suggested that adding sports at a mid-major Division I school would end up adding hundreds of thousands of dollars to the ledger in time. Andrew Schwarz, a sports economist with the California-based firm of OSKR, worked with FDU — enrollment 8,944 at its four campuses — on the expansion. Schwarz and Hurlbut agreed schools that have students pounding on the door for admission would not be good candidates for adding sports. Economist Andrew Zimbalist of Smith College said having existing facilities and nearby opponents and being efficient will help midsize schools adding sports.

Source: Fox News February 17, 2021 19:52 UTC