U.S. Department of Education
The Penn State athletic department had more than $116 million in revenue to more than $84 million in expenses for the 2010-11 school year.
The Education Department is seeking a waver which is allowed but first they want to know what you think.
Florida tops the SEC, spending nearly $113 million in the most recent academic year. That’s nearly double Missouri’s $58.9 million athletics budget.
“Our students have shown steady, incremental improvement, and we know that represents solid progress,” said Christopher Koch, the state’s education chief.
The state Department of Elementary and Secondary Education said Friday it has notified federal officials of its intent to opt out of the federal law.