accounting. Using the example posted on the Back Room earlier, every athletic scholarship granted to a ND team will result in a $57,000 bill to the Athletic Department. The actual marginal cost of having one more student sit in on a English Comp class, or any other course offering is more or less nil. But there ae actual costs, housing, training table, etc... The accounting costs are much higher than the actual cash outlays for having those incremental students on campus.
Therefore, we have a situation where most athletic departments "lose" money, yet they can't wait to start a football program. The UT Athletic Department is not losing money, not in the way we think of it.