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The Nexus
BUSINESSAug 20 · 09:00 UTCLOUISIANA ILLUMINATORPiper Hutchinson

Louisiana’s college sports programs are losing money. Can sales taxes save them?

Many public universities in Louisiana are struggling financially due to athletic departments losing money and placing a significant burden on the rest of the school. Administrators are considering accessing sales tax revenue through economic development districts to stabilize these programs. The issue is widespread, as 94% of Division I athletic programs nationally spend more money than they make.

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