Mark Killingsworth, a professor of economics at Rutgers University New Brunswick since 1978, has had a front-row seat to “utterly and completely reckless” sports spending decisions that he says threaten the university’s academic mission. Killingsworth described a history of repeated broken promises by new administrators at the public New Jersey institution to balance the budget of its athletics department, which has $121.5 million in internal debt as of this year. University leaders...

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