New Mexico Military Institute’s football program might not be a household name nationally, but it has one of the highest football profit-to-student ratios in the country.
Business First parent company American City Business Journals compiled statistics from the U.S. Department of Education to calculate operating profits for nearly 900 college football programs. Each school’s operating profit was determined by the net difference between revenue and operating expenses recorded in the 2017 academic…
Source: The Business Journal
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