| It appears that the Regents serve without compensation. I stand corrected but only on that one point.
I have already acknowledged that money made/acquired by the athletic department independently can rightfully be spent on whatever the athletic department wants, be it a new stadium, new jerseys/equipment, etc. I have no quarrel with this. BUT, there is money that the school as a whole puts into the athletic department, just as they do with academics, student affairs, and other channels. This is the money that the Regents have a final say in, and this is the same money that can and should be redirected toward the students. To quote from their own website, the Regents "have control and direction of all expenditures from the institution's funds." My argument is why can't the Regents simply redirect some of the athletic money toward lowering tuition, or more electrical sockets in the ugli? Furthermore, why are there people serving on the Board of Regents who never attended Michigan in the first place? Why aren't alumni outside the state included in the voting process for electing Regents? Alumni and only alumni should be in charge of calling the shots, not some no-name from randomtown, MI. Its ridiculous. |