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HUSKER ATHLETICS DEBT FREE DESPITE OPERATING AT DEFICIT

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University of Nebraska Athletics operates at a deficit over the last fiscal year but still has no debts.

The athletic department announced earlier this week it operated at a 29-million dollar deficit during the fiscal year that ran from July 2020 to June 2021.

The school covered the deficit using donations and reserve funds.

The Knight Commission’s College Athletics Financial Information Database says Nebraska Athletics has been operating debt free since 2015.