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Reformers critical of schools' spending

Updated: June 17, 2010, 5:44 PM ET
Associated Press

With spending on big-time college sports continuing to escalate and TV networks lining up to break the bank, a group of university presidents and campus leaders says it's past time for more of that money to wind up in the classroom.

The Knight Commission on Intercollegiate Athletics on Thursday released its latest call for a range of financial and academic reforms. Among its recommendations: NCAA schools should set aside at least 20 percent of the postseason money received from the football ...

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