Chalky White

January 29th, 2017 at 10:11 AM ^

They can funnel money through their endowment. That's how Tommy Amaker is able to field tournament teams. Its difficult to come up with an entire team of walk-ons while competing at a high level.

mgokev

January 29th, 2017 at 9:09 AM ^

Not only that but a good friend of mine was recruited by come ivies and they offered academic scholarships for his above average grades. Mind you, if he wasn't good at football he couldn't have gotten into those schools with his grades anyway let alone get an academic scholarship.



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Mongo

January 29th, 2017 at 11:58 AM ^

top 5 investment banks pay first year analysts about $200k (base+bonus) on average. Football players don't typically qualify for those jobs unless they are also 4.0 students with 2250+ on the SATs. These are uber competitive jobs to get. The rest of the world, except the top consulting firms, does not come anywhere close to that IB pay. But then again, who really wants to work 100+ hours per week for 3 straight years and then get discarded to take a 50% pay cut for a regular job. To go further in the sector you still need an MBA. The BA undergrads get an employment letter that sets forth the terms of their employment, including a fixed termination date (2 years out), which you are required to sign.

Perkis-Size Me

January 29th, 2017 at 8:15 AM ^

He's going to one of the best schools in the world. If not the absolute best. If I was fairly certain that I did not have a future career in football, I'd take Princeton over Michigan every day of the week.

And even if I thought I had a future in football, I might still go to Princeton. Why? Because it's Fucking Princeton. You're pretty much already making a six figure salary the minute you leave campus.



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Mongo

January 29th, 2017 at 11:36 AM ^

given a choice between PWO at UM and Princeton, I would take my four years at UM for the overall experience. Unless you fit academically at Princeton you feel like an outsider and the degree doesn't guarantee that you land that $200k investment banking or consulting job at graduation. The students that land those jobs are 4.0 GPAers, even at Princeton. Try getting a 4.0 at Princeton while playing football. If Carter is that smart, then Princeton is the right place for him. Otherwise, it can be a lonely place.

Mongo

January 29th, 2017 at 11:16 AM ^

No athletic scholarships in the Ivy League. Each player must gain admittance by fitting into an academic index band. Academic standards for football players are relaxed into these index bands, but the lowest band is like an average admitted student at UM (grades / SAT scores determine the index) and each Ivy team is allowed only 2 of those low-band players each year. So Carter must be one smart dude or they used up a slot for him. The Ivies have huge endowments, which they give out based upon financial need or academic merit. An athlete whose family meets the need criteria can gain a near full-ride (95%), but that money is also available to all prospective students so it is very competitive to get any aid. Princeton is a storied program and Coach Surace is an awesome guy. Plus they wear that winged-helmet but in orange and black. Stadium seats 28k, however, only about 3k show for home games and virtually none are current students. Not like a Michigan game-day, but it is a Princeton degree and a very powerful alumni network for later in life.

Sam1863

January 29th, 2017 at 12:22 PM ^

Can never hear the name "Princeton" without thinking of an episode of "The West Wing" that featured this bit of nerd trash talk between Sam and C.J.:

Sam: "By the way, my Princeton Tigers could whoop your Cal Bears any day of the week."

C.J.: "At what?"

Sam: [pause] "Logarithms, possibly."