To the initiated, K-Ville is forever – a city of tents that students create near Duke’s Cameron Indoor Stadium when it’s time to line up to purchase tickets. And it’s a big business, too – good for the school; good for the students – and frankly, good for alumni too. Yet, a New York Times essayed title “A Tent City For Fun & Profit” says “the money generated by the basketball team is way past crazy”.
Maybe it seems that way to some – but the number of students clamoring to call Duke their alma mater keeps climing. And the university announced it will raise tuition 4% for the 2013-2014 academic year to $44,020, bringing a full year of attendence (including room, board, etc.) to a whopping $58,278.
Sounds to me like there’s still a long way to go before the Duke basketball program can bring in enough money to meet the needs.