DescriptionThe purpose of this paper is to examine empirically the effects of college athletics, with a particular focus on the financial effects. In particular, the paper draws on evidence contained in previous academic studies; statistical analysis of a new, comprehensive database compiled from school-specific information collected as part of the Equity in Athletics Disclosure Act (EADA) merged with data from other sources (such as the Integrated Post-Secondary Education Data System managed by the Department of Education); and a detailed survey of chief financial officers from 17 Division I schools.