Two stories with a sour combination
They were two stories on opposite ends of the Argus Leader newspaper. One was below the fold, the other in a side banner. Connect the two, and you have an outrage.
The first story was about cutbacks at the University of Sioux Falls. The article said eleven to 16 staff members would be dismissed immediately; four to eight faculty members will leave at the end of the term. Those who keep their jobs will see an immediate nine percent pay cut.
The other story was picked up off the AP wire, headlined “Ferentz gets seven-year extension to coach Iowa.” Curious about why any college coach in today’s economy would be given a seven year contract for anything, I read on. The story said Kirk Ferentz would receive the same salary and bonus structures as his previous contract, which this year rewarded him with a salary of $2.84 million.
I am a big sports fan, but I also believe in a quality education. Students at the University of Sioux Falls, a good school with a solid reputation, will lose professors to save $2.2 million. At the University of Iowa, slightly more than that will be spent to keep a football coach.
Why does this happen? The University of Sioux Falls is a private college, with a president who needs to make cuts to meet a budget. The athletic director at Iowa, Gary Barta, gets to play with other peoples’ money. Specifically, the taxpayers of Iowa ultimately guarantee costs of the football program at the public university. The Hawkeyes must figure Iowans have money to burn – if it means a decent football team.
I realize that Iowa’s unemployment rate is only 3.6%. But I doubt that the 60,900 jobless people in Iowa will be sending Ferentz congratulations on his new deal. Barta said Ferentz has “proven himself to be a winner.” At Iowa, a winner is defined as 70-53 in ten seasons.
