Plans are in place to move forward with a fabric structure.

TIMMY

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The high-end cost of a dome is $15 a square foot. The low end is in the $9 range. That includes a fabric dome, doors, lights, heat, ac, and air supply. It does not include permits, utilities, excavation, a playing surface, and pouring the trench and curb that hold the thing down. I can't imagine that infrastructure costing $6 mil. The total cost of the dome at UIndy was $6 mil. I've known the AD who was there at the time for about 150 years. That went up a few years back but includes a 6 lane track, adjacent brick and mortar locker rooms, offices, an entrance with trophy cases a ticket facility, and a really nice weight room. It's a really sweet set-up. So yeah more than my 1.5 but if it's anywhere near 7.5 there's something wrong with what things cost in Illinois.
 

crazzymark

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I don't think that is entirely fair. How many times have you seen ISU football sell out since 2016? 4? Maybe 5? How many times has ISU football made a profit ...ever? I don't suspect a ton. We are a high end FCS football team and a new stadium, new field and brand new bubble to practice in over a 15 year span is pretty damn good if you ask me. I think you guys that are leaning on a 20M indoor football field and training facility and a horseshoe we have shown zero chance of filling in recent years is nuts.

We are in the middle of a pandemic. Sports arent being played, scholarships are being placed on hold, no money is coming into the University Athletic Dept hardly at all and pouting that you aren't getting a U of I or NIU level facility, having to settle for a brand new multi-million dollar bubble comes off as tone deaf to the world around you.
That is the choice being made...not has to be but is due to fear and bad politics. Oh well how cares...schools are going to be broke in a couple of years due to past student loans being eliminated..that ads up to trillions of dollars not going back to universities nation wide.
 

Bird Friend

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That is the choice being made...not has to be but is due to fear and bad politics. Oh well how cares...schools are going to be broke in a couple of years due to past student loans being eliminated..that ads up to trillions of dollars not going back to universities nation wide.
Hasn't that money already gone to the universities?
 

TIMMY

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That is the choice being made...not has to be but is due to fear and bad politics. Oh well how cares...schools are going to be broke in a couple of years due to past student loans being eliminated..that ads up to trillions of dollars not going back to universities nation wide.
Mark There are many reasons to not favor student loan forgiveness but, I know you understand that schools are not holding that debt so universities would lose nothing The federal government which would forgive the loans does. A little over a trillion.
 

TIMMY

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Also, students without loan debt might be more financially able to give back to their alma mater for things like domes.
 

StLRedbird

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I don't understand why we're not even considering somethin in the middle, like knocking the interest rate down to a percent or two. Can't afford to pay early in your career? Leave 'em in forebearance for 10 yrs and let the principal grow slowly. Pay them when you can afford to. Not free money, but no or very low interest. Make the COVID relief permanent at 1 or 2%.
 

cubird

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If it happens...there will be a cap on a portion of the loan forgiven. Should encourage employers to help pay some of the loan. Use it to attrative a perspective employee.
 

crazzymark

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Also, students without loan debt might be more financially able to give back to their alma mater for things like domes.
If you get something for free, you don't appreciate it as much today as if you earned it so there's no money Financial kick back from this because they're going to say it didn't matter if I was the first or the last in my class because I still graduated I'll still get free everything and screw you because I got my fill
 

crazzymark

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Well ISU will loss millions in student loans that as washed...that means that less teachers and no class ranking or rating. So you can be a great teacher or the worst. But still get a job that will dilute the level of quality of the teaching product nation wide. And have no reason to give back to what was one of the 2 best teaching Universities in the nation. So no reason to respect or appreciate the degree you received
 

crazzymark

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I have friends who came from countries that have free education that were Doctors where they came from, but do they have no ranking in their school and their ranking of their position at graduation. when they came the United States they had to go through educational over again because it wasn't recognized because it was free and anyone can get a degree. One is a zomba instructor because of that.
 

fourthandshort

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Mark There are many reasons to not favor student loan forgiveness but, I know you understand that schools are not holding that debt so universities would lose nothing The federal government which would forgive the loans does. A little over a trillion.
Timmy ... enough with the logic, it doesn't sell. Stick to factless hyperbole !!!
 

fourthandshort

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I don't understand why we're not even considering somethin in the middle, like knocking the interest rate down to a percent or two. Can't afford to pay early in your career? Leave 'em in forebearance for 10 yrs and let the principal grow slowly. Pay them when you can afford to. Not free money, but no or very low interest. Make the COVID relief permanent at 1 or 2%.
Agreed.

My 2 cents ... I am not for any debt forgiveness, unless significant hardship can be verifiably demonstrated, like a personal bankruptcy. But I am all for interest forgiveness. Just wipe out all interest go forward .. that would be much easier to get approved in congress, and technically the govt only loses the time value of money, none of the original principle loan.

The only debate should be over if and how far back to go retroactively to wipe out that already paid interest. This aspect could get expensive and contentious - so maybe just wipe out all interest go forward - note, this would only apply to the govt guaranteed portion of student loans. The private loans is a very unfortunate different challenge, which in most cases, the parent's cosigned and arranged this loan privately. So unless the parents and students can verifiably demonstrate a significant hardship, not much can or should be done here.
 

JHBird

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Birdfriend. I think we can cut the cost down a bit by getting rid of those two flags on top...or maybe just go with one. Not a bad idea though. I like the multi use aspect of it, with the Gamma Fi circus needing a place as well.
 

Virginia Redbird

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Birdfriend. I think we can cut the cost down a bit by getting rid of those two flags on top...or maybe just go with one. Not a bad idea though. I like the multi use aspect of it, with the Gamma Fi circus needing a place as well.
I think the flags are a must-have...but one should be red and one should be white. Coordinate with the stripe motif!
 
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