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Home > Forums > Football Message Board
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USC got its endowment boost when C.L. Max Nikas was Pres...

Author: ripperduck (3083 Posts - Original UHND Member)
Posted at 2:24 am on Jun 10, 2019
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He was kicked out a few months ago when it became apparent he was corrupt, lying ahole, who coverd up the scandals at the med school. Nothing indicates that USC will be in any position to continue getting the money they did under the new Pres's regime, who has to fix the school's rep before she can go any further. Add to that, they dumped $750 million in a the University Village, or whatever the hell it's called, which is only one of the building boondoggles they took on debt to create.

Where it gets really bad is the med school, where they lost accreditation for one of their most important fellowship programs. How they're going to keep getting NIH/NSF grants, donations, or corporate sponsors, when the complete fallout from the med school scandals hasn't been solved yet, is one of the biggest problems going forward. That, and The Washington Post reported that uni college endowment returns are the lowest in ten years. From memory, most endowments need an 8% return to be considered efficacious. Having a large endowment isn't important if they're not getting the returns, and given the ridicule and revelations of administrative corruption, it's hard to believe they'll get anywhere near the money they recieved prior to all of this mess. For fuck's sake, this clown school is under criminal investigation by the FEDS. Yeah, try coaxing money outta billionaires with all that happening.

Point is, USC grew way too fast, tried to get better academic credibility to offset its rep as a party school with an elite football program attached. They've fallen from grace, and, while they may become playoff team again, it remains to be seen just how long they'll be able to keep that going. Probably not as long, but we'll see...


This message has been edited 1 time(s).

Replies to: "USC got its endowment boost when C.L. Max Nikas was Pres..."

  • Funny happenings at USC. - Rooster - 12:23am 6/7/19 (23) [View All]
    • That uni is fuckin bleeding money.... - ripperduck - 1:56pm 6/7/19
      • Drops in a bucket - ndunabomber - 11:52am 6/9/19
        • USC got its endowment boost when C.L. Max Nikas was Pres... - ripperduck - 2:24am 6/10/19
      • Urban to the rescue in 2020 [NT] - WestCoastIrishFan - 6:18pm 6/8/19
        • Re: Urban to the rescue in 2020 - NDSoxfan - 11:13pm 6/8/19
        • I don't know. SC couldn't/wouldn't meet what... - ripperduck - 7:15pm 6/8/19
      • If ND dropped them from their schedule right now, it would it would be a deathblow. - BaronVonZemo - 3:57pm 6/7/19
        • USC is a great traditional rival and they always have talent. Keep them, I'd rather drop Navy. [NT] - THEISMANCARR - 11:54am 6/8/19
          • usc is the scum of the earth...we should have dropped them years ago... [NT] - Aragoto - 9:41pm 6/9/19
          • Re: USC is a great traditional rival and they always have talent. Keep them, I'd rather drop Navy. - NDSoxfan - 11:15pm 6/8/19
            • Navy is a moveable feast that maxes revenue. - Aragoto - 9:45pm 6/9/19
              • Really? - Napoleon - 7:09am 6/10/19
        • Michigan led a plot to have teams boycott ND back in the day. SC would have no part of it! [NT] - Irishshark - 10:01pm 6/7/19
          • This is correct. Dropping USC would be a mistake. Dropping scUM (michigan) was the right choice... - Domer From Hell - 3:27pm 6/8/19
            • Re: This is correct. Dropping USC would be a mistake. Dropping scUM (michigan) was the right choice... - NDSoxfan - 11:17pm 6/8/19
        • Why not have another SEC team on the schedule, rather than SC? It would kill off SC.... - ripperduck - 6:08pm 6/7/19
          • ND likes having one game per year n California. - Shadow_of_the_Dome - 8:20am 6/8/19
            • I’d drop Stanford long before even thinking about dropping SC. - NDavenue - 9:17am 6/9/19
            • You mean the admin likes their Fall LA party junket, don’t you? [NT] - BaronVonZemo - 3:30pm 6/8/19
              • Always Thanksgiving weekend...and why I never go. [NT] - TakethetrainKnute - 9:35am 6/10/19
              • as did rockne [NT] - WestCoastIrishFan - 6:17pm 6/8/19
    • In the words of the great theologian Ted Theodore Logan - AL-Irish - 9:47am 6/7/19
    • Re: Funny happenings at USC. - NDSoxfan - 6:45am 6/7/19
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