Here’s my e-mail to Dr. Zaretsky, copied to Dr. Khator and Tilman:
Dr. Zaretsky,
Allow me to grade several assertions you made in Friday’s article “UH Lost its Bet on Football: Now Can We Cut Our Losses?”
“Only 46% of students graduate within six years”
Grade: F
Two reasons. First, a simple search for UH Common Data Sets shows that 51% of the most recent cohort (Fall 2010 freshmen) graduated in six years. As well as 51% of the Fall 2009 freshmen. 48% of the 2008 freshmen graduated in six years. 48% of the 2007 freshmen graduated in six years.
You have to go back to the 2006 freshmen to find a class that graduated at a 46% clip.
It’s shocking enough that a tenured professor would publicly slam his school’s graduation rate in the local newspaper. But to do it with: 1) data that is five years out of date 2) that makes your argument look better to unsuspecting readers? You should be ashamed.
Second, your “set in stone” sounding statement ignores the trend. Graduation rates rose from 2006 to 2010 because better students (with better SAT scores and better HS records) enrolled. Guess what? Better students enrolled in 2016 compared to 2010. Throw in Dr. Khator’s “UHin4” plan which started in 2014, and well more than 60% of the 2016 freshmen are projected to graduate in six years.
Whether or not they attend games, students will fund the $128M football stadium with a $45/semester fee “for generations to come”
Grade: F
Two reasons. First, your statement makes it sound like the student fee will last in perpetuity. Last I checked, a generation spanned 20 years. The student fee lasts 25 years. And it started in 2012. So it will last “one generation to come.”
Second, you make it sound like the stadium fee was forced down the students’ throat. They voted for it. In the largest referendum turnout in school history, the measure passed in a landslide. 73% of nearly 10,000 students approved the fee.
If you have such a problem with the $128M football stadium, take it up with the students. They had the chance to vote it down.
The rest of the stadium was funded through revenue bonds, “gambling on the revenue generated by a successful football program”
Grade: F
Your statement is just wrong. Under the $120M stadium financing plan, alumni donations (including funds from the Moores Endowment) totaling $53.1M served as the largest source of funding for the stadium. Bonds secured by the student fee were second ($49.8M). Other sources included state funds ($5M HEAF) and revenue bonds ($12M).
So Houston did float revenue bonds for roughly 10% of the cost of the stadium ($12M). I believe those to be secured by the TDECU naming rights agreement ($1.5M/year for 10 years), not football revenue. Even if they are tied to football revenue, 10% is not onerous, quite conservative compared to other recent college stadiums and certainly NOT “the rest of the stadium.”
By the way, at any time Dr. Zaretsky, please feel free to raise $53M from the alumni for a building dedicated to French history. We’re waiting. Seriously.
UH Lost its Bet on Football
Grade: F
Last I checked, Houston was ranked among the Top 25 teams in America by the College Football Playoff Committee. We beat two Top 5 teams this season. We set a single-game stadium attendance record, and averaged more fans per game than any season since 1978.
Over 16 million people across the nation watched Houston football games on TV. That’s more than every school in the Big 12 not named Texas or Oklahoma. That’s more than all but three Pac 12 schools More than all but three ACC schools.
If that’s losing, sign me up to be a loser every year.
I’m sorry that the football program gets more publicity than the French history department, Dr. Zaretsky. But you’re starting to repeat yourself. How many times have you written the same article now? And now all these mistakes?
I guess it’s tough getting old and bitter. I hope you find peace and serenity.
Signed,
Me