A recent investigation analyzed financial data from public universities. Most of these institutions rely on external funding to support their athletic programs. In fact, only a small number of universities generate enough revenue to be self-sufficient.

Further details are available from a podcast episode that explores the financial reality of college sports. This episode discusses various aspects of college athletics funding.

The investigation's findings reveal significant financial support from non-athletic sources, which may have long-term implications for students who take out loans to cover these costs.