USC To Retain Helton

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The 1st thing that you need to understand is that endowments are much more important & vital for private universities than they are for public universities. That is a fundamental difference between the two. Their sole purpose is to provide additional income for investing & non-essential expenditures. What kind of expenditure do you think football qualifies as? If you're willing to be objective & unbiased, there is absolutely nothing misleading about endowments because you can't name a single example of another private university in a similar financial situation as MIA that routinely contends for divisional, conference or national championships.
My argument was not that Miami was in a better financial situation than public schools or that Miami's endowment was stronger. In fact, my argument is quite the opposite. I am not even going to bother talking about beneficiaries, as I'd clearly be wasting my time. Thanks for the lecture.
 
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