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Pastimes : 2015 NCAA College Basketball March Madness

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To: Jeffrey S. Mitchell who wrote (186)3/26/2015 2:20:26 AM
From: Jeffrey S. Mitchell  Read Replies (1) of 273
 
I have "evolved" my thinking on paying kids who are part of college sports. The argument for paying kids was that the school was exploiting them for big money. The argument against it was that a kid getting a full ride at a school, factoring in financial aid a kid doesn't have to pay back, saved about $112K, so stop complaining.

My new idea is to allow kids to seek special "athletic loans" no different than the usual financial aid loans they have to pay back one day. The theory is that if kids didn't have athletic scholarships, they'd be taking out loans anyhow, plus, if a kid takes out a loan, he's spending his own money, not a gift from someone else, hence no NCAA violation. All loans would need to go through FAFSA-- no personal loans that the so-called lender might conveniently never ask a kid to pay back. Obviously, loan amounts would be based on the kid's post-college earning potential, which would automatically mean the better players would get more money, so no worrying about the ethics of not paying everyone on a team the same amount.

Problem of paying college athletes solved!

- Jeff
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