Stanford announced it would cut 11 sports — including men’s volleyball — at the end of the 2020-21 season because of financial shortcomings due to the pandemic.
The other sports cut are men’s and women’s fencing, field hockey, lightweight rowing, men’s rowing, co-ed and women’s sailing, squash, synchronized swimming, men’s volleyball and wrestling. Stanford said that it faced a $25 million deficit before the cuts.
So how does it relate to USC?
Stanford has more sports but it also has a $28 billion endowment and is one of the richest schools in the country. USC’s endowment is about $6 billion.
Maybe Stanford faced a bigger deficit because it has more sports but USC’s likely looking at a serious deficit too if football is shortened or played with less fans or no fans.
USC has said it is not considering dropping sports but private schools are in a tough position right now as they try to convince students to go to mostly online classes at full tuition prices.
The bottom line is if Stanford is cutting sports, it’s a bad sign for all private universities.