As these things go, the plan was eroded over time, with the (in)famous Proposition 13 of 1978 dealing a big blow.
[1] https://en.wikipedia.org/wiki/California_Master_Plan_for_Hig...
It doesn’t matter to me if these sports generate more revenue than it costs. It is a distraction that we don’t need. If people want to participate in spectator sport, there are other places for it.
My justification is the same as that Google uses to kill projects. There might be a project at Google that makes a hundred million dollars of “pure profit”. However, if it takes even equivalent of a month of time and attention of the executive leadership team and the board every year, it is decidedly not worth doing and must be scrapped.
Similarly, it doesn’t matter to me how much money sports and other such distractions make. If it takes time and attention of the management and or the board of regents, it must be scrapped. Educational institutions exist for education. Cut it all out!
I have no idea how they handle things in say China, but at least here it’s quite obvious that the point of university is more or less to prepare students for life in general rather than just get educated. Education is of course the grand goal and at least here in Finland universities get some significant amount of money from the government for each graduating student, but your first sentence is still dishonest argumentation at best.
Besides, the GP is talking total nonsense in general. Everyone I know outside the US looks up to your college sports scene in admiration since it looks like an awful lot of fulfilment and fun on top of studies and produces a massive amount of successful athletes in all kinds of sports. We’re envious of it, nothing more. Your country is and has been home to the most innovations and set a positive example to the rest of the world for decades and decades now, and frankly saying otherwise is just silly.
I know what I am saying. The whole point is spiraling costs and tragedy of the commons. Colleges and universities must keep spending on spectator sports because otherwise you can’t pull students away from other colleges and universities that do the same. The whole point of my comment is to make college accessible and affordable. You can’t just say “don’t look up”. Something has to change.