Scholarship table
http://sportsillustrated.cnn.com/2006/sioncampus/02/20/spring.break2/index.htmlAny of these.Just tell me where the money is going, and it would probably change my mind.
I think marqptm is bringing up some valuable points and I don't think it's really necessary to jump all over him.Clearly, the type of people who frequent this board or who get to the Bradley Center at 5am for a noon game are going to have a very inelastic demand for student tickets. They'd certainly pay $70 for tickets, and without much pressure also pay $100 for tickets. For them, paying $100 for being at the Bradley Center for Big East games is (as is the sentiment of many) a small price.However, there are people who have much more elastic demand for a student ticket. For them, the value of going to the game might not be so much seeing a game up close, but as another entertainment option (ie, many females, imho). They might not value the opportunity cost of purchasing tickets at $100 compared with whatever else it might go towards.You also need to factor in the performance in the season. My freshman year (03-04), 4400 students purchased student tickets because it was right after the FF year (I was in MUSG working with the AD to try to rearrange student seating). Well, the team dropped a deuce that year, and low and behold, something like a thousand fewer undergrad students purchased tickets for 04-05.For many students, almost no price increase and no prior bad experience will ward off an opportunity to sit near the floor of the Bradley Center. But for other students, the cost of $100 for tickets and time spent seeing bad basketball might not be worth it. It's all up to each individual students' perspective on the value of what he's purchased.
Since 2009 is talking $100, if I were still a student I would except something more for that $100. Like no more general admission seating (many schools), a free shirt for every conference game (DePaul), and some other additives.$$$
Quote from: warrior07 on September 20, 2007, 10:17:35 AMI think marqptm is bringing up some valuable points and I don't think it's really necessary to jump all over him.Clearly, the type of people who frequent this board or who get to the Bradley Center at 5am for a noon game are going to have a very inelastic demand for student tickets. They'd certainly pay $70 for tickets, and without much pressure also pay $100 for tickets. For them, paying $100 for being at the Bradley Center for Big East games is (as is the sentiment of many) a small price.However, there are people who have much more elastic demand for a student ticket. For them, the value of going to the game might not be so much seeing a game up close, but as another entertainment option (ie, many females, imho). They might not value the opportunity cost of purchasing tickets at $100 compared with whatever else it might go towards.You also need to factor in the performance in the season. My freshman year (03-04), 4400 students purchased student tickets because it was right after the FF year (I was in MUSG working with the AD to try to rearrange student seating). Well, the team dropped a deuce that year, and low and behold, something like a thousand fewer undergrad students purchased tickets for 04-05.For many students, almost no price increase and no prior bad experience will ward off an opportunity to sit near the floor of the Bradley Center. But for other students, the cost of $100 for tickets and time spent seeing bad basketball might not be worth it. It's all up to each individual students' perspective on the value of what he's purchased.I think you are right, and you bring up some good points, but I think the elasticity of the tickets has more to do with performance than price. If the team sucked, and it was free... you wouldn't see many people going. If the team was #1 in the country, you could probably charge almost $200 and still fill it. Given that ticket prices are only going up to $100 for the year (and I think that still gets you into every sporting event), I still think it's a bargain and I don't think you will see a drop in student attendance. Granted, it's a 30% raise in price... but the product is probably vastly undervalued at $70, so the 30% raise isn't a big deal.
If the team sucked, and it was free... you wouldn't see many people going.
Quote from: 2002mualum on September 20, 2007, 10:41:38 AMQuote from: warrior07 on September 20, 2007, 10:17:35 AMI think marqptm is bringing up some valuable points and I don't think it's really necessary to jump all over him.Clearly, the type of people who frequent this board or who get to the Bradley Center at 5am for a noon game are going to have a very inelastic demand for student tickets. They'd certainly pay $70 for tickets, and without much pressure also pay $100 for tickets. For them, paying $100 for being at the Bradley Center for Big East games is (as is the sentiment of many) a small price.However, there are people who have much more elastic demand for a student ticket. For them, the value of going to the game might not be so much seeing a game up close, but as another entertainment option (ie, many females, imho). They might not value the opportunity cost of purchasing tickets at $100 compared with whatever else it might go towards.You also need to factor in the performance in the season. My freshman year (03-04), 4400 students purchased student tickets because it was right after the FF year (I was in MUSG working with the AD to try to rearrange student seating). Well, the team dropped a deuce that year, and low and behold, something like a thousand fewer undergrad students purchased tickets for 04-05.For many students, almost no price increase and no prior bad experience will ward off an opportunity to sit near the floor of the Bradley Center. But for other students, the cost of $100 for tickets and time spent seeing bad basketball might not be worth it. It's all up to each individual students' perspective on the value of what he's purchased.I think you are right, and you bring up some good points, but I think the elasticity of the tickets has more to do with performance than price. If the team sucked, and it was free... you wouldn't see many people going. If the team was #1 in the country, you could probably charge almost $200 and still fill it. Given that ticket prices are only going up to $100 for the year (and I think that still gets you into every sporting event), I still think it's a bargain and I don't think you will see a drop in student attendance. Granted, it's a 30% raise in price... but the product is probably vastly undervalued at $70, so the 30% raise isn't a big deal. Small point: going from $70 to $100 is a 42.86% increase, not a 30% increase.
I'm actually happy with the response. I do not care what the alumni have to say about, their bitchy comments really don't matter.I'm personally not worried about the price increase, I've always been involved in making the student section into something better. If prices are going to increase then efforts need to be made, and then actually follow through with them.Constructive criticism is excellent.
I pay $150.00/seat just for the privilege of buying season tickets. So stop your bitching about the student tickets going to $100/season. Your parents probably pay for it anyway.