What do university general fund cuts have to do with Nebraska’s stadium renovation? Whats the context here?
Some folks have gone on a tangent whether NEB is good or not; missing the point...
The basic facts are UNL the school has been facing budget cuts due to decreasing state support and declining enrollment. About 100M over the last ~5 years and it was announced an additional 30M is needed to be cut.
Sometime around 2022, NEB the AD announced a major memorial stadium overhaul or renovation to the price tag of 450M. Reading between the lines and the obvious lack of starting...fundraising to pay for this was slow. Yesterday it was announced it was delayed indefinitely because of the optics of the school facing so many budget cuts (jobs/departments lost etc).
It's hard not to see potentially similarities to ISU regardless of on field success. UNL the school is hurting financially, despite NEB the AD having plenty of fans and sellouts even in down years. ISU doesn't have the cash flow of the NEB the AD so if NEB the AD is cutting back; it's only a matter of time for it to hit ISU. How and why it hits will be different. NE and IA are different states with different college setups. but colleges are hurting in general. Can debate how good NEB is and when they became mid all we want buts irrelevant to the financial convo