I'll comment on a few things here...
1) Yes, I think the University DID feel that a New Stadium would be a solution to some of the attendance problem. Why? Because they listened to the people's excuses. All of the people who complained about the concessions, the bathrooms, the seats, the drive to the Rubber Bowl, etc. These things might have been problems that they cited, but it obviously was far from the REAL reasons why people historically don't support this program. I'll continue to say that if people cared what was going on, and Akron was accomplishing something significant enough for them to care, they'd pack a dungeon with crappy bathrooms and crappy seating.
2) I understand the idea of catering to Students, to an extent. They can create atmosphere. That's what can make it fun again. But if you are in Akron's situation, the much larger benefit is going to come from people who can buy more tickets and donate more money.
3) As always, the significance of wins is going to mean far more than "just winning". Look no further than our perennially successful basketball program, where we are still a long, long way away from packing an arena that only has 5,500 seats.