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Bloomberg has published a detailed analysis of athletic spending at Rutgers University, which the news service found to have spent more on athletics than any other public university, with 40 percent of the funds coming from student fees and the university's general fund, at a time of deep budget cuts to academic programs. The story contrasts academic cuts -- a salary freeze for professors, faculty members having to pay for some journals themselves -- with the university's subsidies for sports. Each year the football coach, Greg Schiano, stays on, the university forgives $100,000 of a no-interest home loan it made to him. Schiano is paid $2.03 million a year. The average associate professor earns less than the amount his home loan is reduced each year.
