Regional Play bergins

[vol66]

Your point about their current situations is what I was alluding to in my initial post about their fanbase being delusional. Historical tradition aside, UF is a top 5 job, Clemson is not. Right now Vandy is a top 10 job from a program standpoint, Clemson is not.

I am certainly not arguing with you at all about "delusional" fanbases, I'm saying the first post that will happen when CDS hits the road will be something akin to..."Why don't we back up a brinks truck to Corbin, O'Sullivan, Schlossnagle, McDonnell, etc...making ours just as delusional as theirs.

 

[OldTimer]

Vandy's enrollment is 12,000+ and they have a undisclosed private endowment that offers need based aid and all kinds of scholarships which are primarily academic based. There is no way a public institution can afford that financial hit. Vandy grads earn and give a lot more money back to their alma mater than any public school.

 

[bowlinggreenvol]

I am certainly not arguing with you at all about "delusional" fanbases, I'm saying the first post that will happen when CDS hits the road will be something akin to..."Why don't we back up a brinks truck to Corbin, O'Sullivan, Schlossnagle, McDonnell, etc...making ours just as delusional as theirs.

I know, I wasn't trying to argue back either. The boat was in all likelihood missed on McDonnell. Them moving to the ACC gives him the "easier" road in to regionals that he might not have had in the AAC or Big East back in the day. He has a great boss, a school with great facilities and he's built a top 10 program and now has the resources of a baseball conference. When he was likely making $200k a year or two into his UofL stint was the time to make the call.

 

[bowlinggreenvol]

Vandy's enrollment is 12,000+ and they have a undisclosed private endowment that offers need based aid and all kinds of scholarships which are primarily academic based. There is no way a public institution can afford that financial hit. Vandy grads earn and give a lot more money back to their alma mater than any public school.

The bolded part is opinion. We likely have 3x as many living alumni as Vandy does so we have the potential for more from a volume standpoint. Hell, UF, Texas and OSU have student body populations of 50k+. I imagine Vandy also has a ton of kids in worthless degree programs that may be $150k in debt and working at a coffee shop. I got a worthless graduate degree and had a Vandy grad in my program. His undergrad degree was even more worthless than our graduate program and he enrolled cause he couldn't get into law school and couldn't find a job.

 

[OldTimer]

The bolded part is opinion. We likely have 3x as many living alumni as Vandy does so we have the potential for more from a volume standpoint. Hell, UF, Texas and OSU have student body populations of 50k+. I imagine Vandy also has a ton of kids in worthless degree programs that may be $150k in debt and working at a coffee shop. I got a worthless graduate degree and had a Vandy grad in my program. His undergrad degree was even more worthless than our graduate program and he enrolled cause he couldn't get into law school and couldn't find a job.

not necessarily opinion in bold as Vandy has a huge pool of money, where did and where do they get it? Alumni support is the only logical answer as they are a private institution!

Maybe someone who went there can verify that they have tremendous support from Alumni giving.

 

[bowlinggreenvol]

not necessarily opinion in bold as Vandy has a huge pool of money, where did and where do they get it? Alumni support is the only logical answer as they are a private institution!

Maybe someone who went there can verify that they have tremendous support from Alumni giving.

Do they even disclose this sum of money, being a private school? Also, they charge 4x the tuition of most public schools. It doesn't cost 4x as much to educate the students and I highly doubt the professors are making 4x as much as public school professors. You're buying value and a brand when you pay Vandy tuition. They simply have higher "margins" than many other schools.

 

[OldTimer]

Do they even disclose this sum of money, being a private school? Also, they charge 4x the tuition of most public schools. It doesn't cost 4x as much to educate the students and I highly doubt the professors are making 4x as much as public school professors. You're buying value and a brand when you pay Vandy tuition. They simply have higher "margins" than many other schools.

no they don't discuss, just like a privately owned company, they do not have to disclose any financial info except to the IRS......

You definitely make a good point about tuition, at whatever percentage paying the full $60,000, that covers a lot of need based enrollees. The people that I know who have attended Vanderbilt (at least 8 but probably more), they all were from fairly well-to-do families.

Just throwing this out there as well, they also don't spend $25 million every few years enlarging their football stadium either........but honestly, who really cares about Vandy anyway except he ones who went there.

 

[bowlinggreenvol]

no they don't discuss, just like a privately owned company, they do not have to disclose any financial info except to the IRS......

You definitely make a good point about tuition, at whatever percentage paying the full $60,000, that covers a lot of need based enrollees. The people that I know who have attended Vanderbilt (at least 8 but probably more), they all were from fairly well-to-do families.

Just throwing this out there as well, they also don't spend $25 million every few years enlarging their football stadium either........but honestly, who really cares about Vandy anyway except he ones who went there.

Yeah, they sure as hell don't spend it on facilities. Memorial gym and Dudley are dumps. Hawkins Field is the only decent facility they have and imagine that, baseball is the only sport worth a damn there.

 

[concerned fan]

I imagine Vandy also has a ton of kids in worthless degree programs that may be $150k in debt and working at a coffee shop.

Probably not out of undergrad. Their financial aid package basically does grants in lieu of loans. They determine your estimated family contribution and then give grants from there.

That's not to say kids don't take out loans. If they estimate that your family can pay $15K per year and in reality it's more like half that, then the student still has the option of taking out loans. But it wouldn't be anything near $150K out of undergrad. Now grad school is different, since the same financial programs are not in place for graduate school and some probably do rack up a lot of debt, but there probably aren't many flunkies getting into med school or business school there and those degrees probably pay off over the long run.

A large portion of their student body probably doesn't get a lot of financial aid anyway since many come from wealthy backgrounds. And with an endowment of around $4 billion (that's billion, with a b) which works out to over $300K in endowment value per student, they can afford to do what they do. Their financial info is at the bottom of the page on the link below.

ReVU: Quick Facts about Vanderbilt | Vanderbilt University | Nashville, Tennessee

Interestingly enough, one of the kids who did take out student loans was none other than....Dansby Swanson. There's an article today about him in the Tennessean and it talks about him taking a risk going to Vandy when it would've been cheaper to go to other schools.

Dansby Swanson: Vanderbilt's big-league character

I guess that kind of dispels the idea that they're just handing out 30 full rides in Nashville.

But apparently he wasn't as highly recruited out of high school as some others. I'd say he's probably on full scholarship this year...even if not, it probably won't matter since he'll be a millionaire soon.

 

[concerned fan]

This is what we're up against in recruiting, even on the kids that they don't offer full scholarships (from the Tennessean article):

Swanson was not heavily recruited out of Marietta High School. His parents' alma mater, Troy, made a run at him. Clemson and Georgia Tech also considered scholarship offers, though at varying degrees.

Swanson, with his parents, picked Vanderbilt on the spot during a late-night recruiting visit to Corbin's office after a win over LSU.

Cooter recalled Corbin was "still in his uniform and talked to us like we were his only appointment that entire day, just so different than anyone else."

Corbin was "very generous to Dansby, and then Dansby took out student loans for the rest," Cooter said. "So Dansby had some skin in the game. But (former Vanderbilt assistant Josh Holliday) told Dansby, 'Take the student loans because you're going to be able to pay them off one day with no problems.' "

Some MLB draft projections slot Swanson as the No. 1 overall pick. All have him going in the top 10, which, in the 2014 draft, drew a signing bonus range of $2.3 million to $6.6 million.

Swanson did not disclose the amount of his debt, but he recognizes the trust he put in his own talent.

"I was willing to take whatever risk there was – 100 percent," Swanson said. "I knew coming here would be the correct first step in getting where I wanted to be because of Corbs. He's the best at what he does. ... Everyone who comes here excels, and not just in baseball."

 

[bowlinggreenvol]

Probably not out of undergrad. Their financial aid package basically does grants in lieu of loans. They determine your estimated family contribution and then give grants from there.

That's not to say kids don't take out loans. If they estimate that your family can pay $15K per year and in reality it's more like half that, then the student still has the option of taking out loans. But it wouldn't be anything near $150K out of undergrad. Now grad school is different, since the same financial programs are not in place for graduate school and some probably do rack up a lot of debt, but there probably aren't many flunkies getting into med school or business school there and those degrees probably pay off over the long run.

A large portion of their student body probably doesn't get a lot of financial aid anyway since many come from wealthy backgrounds. And with an endowment of around $4 billion (that's billion, with a b) which works out to over $300K in endowment value per student, they can afford to do what they do. Their financial info is at the bottom of the page on the link below.

ReVU: Quick Facts about Vanderbilt | Vanderbilt University | Nashville, Tennessee

Interestingly enough, one of the kids who did take out student loans was none other than....Dansby Swanson. There's an article today about him in the Tennessean and it talks about him taking a risk going to Vandy when it would've been cheaper to go to other schools.

Dansby Swanson: Vanderbilt's big-league character

I guess that kind of dispels the idea that they're just handing out 30 full rides in Nashville.

But apparently he wasn't as highly recruited out of high school as some others. I'd say he's probably on full scholarship this year...even if not, it probably won't matter since he'll be a millionaire soon.

Their student body demographics and financial aid distribution may be different than some of the other "equivalent" schools. A few years ago USA Today, Forbes or some similar outlet did a piece on kids at schools like Harvard, Duke, Stanford etc that had majored in degrees with bleak financial outlooks upon graduation and the debt they occurred as a result. Students were paying $200k to major in something like Russian Literature when the degree is practically worthless regardless of what school you attend. The premise of the article was these students were better off going to state universities or maybe even a private, liberal arts school that's still half the cost of a Harvard or Yale. One girl was now working at a Barnes and Nobles and her student loan debt was well over $100k and she just stopped making payments. Maybe that doesn't occur as often at Vandy.

 

[StarRaider]

Freak, thanks again for this troll button:

Hit It!