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Comments by "" (@jasonreed7522) on "Why Are College Towns So Great?" video.
Honestly college sports are better than national level sports, for starters its your city/town's team, possibly your friends, has no stopping for commercials to play on TV, and the pep band makes a world of difference in crowd energy. (Also ticket price)
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But they also attract a wealthy class of individuals (professors) who will have very high property taxes on their properties, and students who will spend a lot of money patronizing the local businesses and contributing to sales tax. If you want to complain about the whole in your property taxes, you must also compare it to the bump in the rest of your taxes to see if it even is a net loss for your city.
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@grantr9745 that's hilarious and kinda embarrassing for the Titans. I used to ticket prices for less atypical situations being $10 for a mens game at my college and $100 average for the Montreal Canadians. (Plus travel expenses if applicable)
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But on the other hand Universities pay their professors well and attract a lot of what is effectively long stay tourists who become patrons at local businesses. So while the university itself may be a giant tax exempt hole in the land area/property tax, they also boost taxes outside the university through things like property taxes for professor housing, and sales tax from all the students drinking at bars, grocery shopping, and commodity shopping. Atleast in my area, higher education is basically 20% of the tax base/economy. Before complaining that the university is a drain on the city budget, see what the difference is if the university didn't exist and stopped attracting so many students and professors to the area.
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@barryrobbins7694 most private universities are non-profits, the for profit ones are almost universally scams, so no they aren't just like the other businesses in towns and are alot more similar to churches and government buildings.
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