Here are a few other highlights from the report:
The ICA subsidy is highly unequal among athletic conferences, ranging from 3.6 percent of total athletic budgets in the Big-10 to 72.3 percent in the Mid-American Conference.This regressive subsidization and taxation to fund sports occurs as college tuition continues to soar, making it increasingly difficult for student and taxpayers to foot the bill. Reform of our unsustainable ICA system is well overdue and is essential to help reign in rapid tuition inflation. Authors Matthew Denhart and Richard Vedder suggest that reform could occur at the state and/or conference level.
There is a huge disparity in the annual per-student ICA tax among athletic conferences, ranging from $67 in the Big-10 to $1,177 in the Mountain West Conference.
The four Football Bowl Subdivision (FBS) conferences with the most subsidized ICA budgets also have the four highest percentage of Pell Grant recipients, in addition to being the bottom four conferences in terms of institutional resources, as measured by average institutional expenses per student.