Colorado State University Bets on a Stadium to Fill Its Coffers
Colorado State University has seen the future of higher education, and it has goal posts and end zones.
Faced with declining state funding, CSU is raising money to build a $246 million, 40,000-seat football stadium on its Fort Collins campus. University President Tony Frank says the new facility will help build a winning football team while advancing one of the school’s highest priorities: attracting more out-of-state students paying higher tuition.
Skeptics, including some alumni and faculty, see the project as a boondoggle–especially for a team that plays in a relatively low-profile athletic conference and doesn’t sell out its current 32,500-seat stadium off campus. The debate has sparked dueling websites, animated letters to the editor and arguments about the role of sports at a university.