IMHO, if you're accepted on a Sports scholarship, you should be allowed to complete at least 5 years of schooling regardless of injury or ability to continue playing, and if you fail to meet scholastic eligibility, you should be released for a year to "catch up" while continuing coursework.
That would more closely resemble a fair exchange. As it stands a significant number of student athletes don't get a real education and/or are dropped before able to complete because of injury.
This is significantly the argument between Bobby Dodd and Bear Bryant leading to Georgia Tech leaving the SEC.
And short term disability insurance, and long term disability insurance - along with the school paying for health insurance (currently students are required to have health insurance, but the school isn't required to pay.
Are top performing student-athletes being exploited? Maybe, but people seriously underestimate the value of benefits they receive on campus beyond scholarship amount. And there need to be substantial consequences for both students and universities if athletes fail to graduate.
[0] These dining halls might technically be open to all students, but non-athletes have to pay steakhouse prices for slightly better cafeteria food, while athletes eat for free. These are the ways universities get around NCAA rules today.
Most college students in STEM won't even work unpaid internships and yet these guys are expected to generate orders of magnitude more value while being unpaid or hilariously under compensated.
The biggest benefit is the free 4-5 year top-of-the-line professional training camp.
(I didn't mention it above because I don't think this dollar amount should be counted against scholarships, if you could even calculate it.)
They're getting (upto) 5 years of intense training in their field, by teams of professional-grade coaches. All of their required equipment is paid for, facilities are free, they're being marketed to the pro scouts, traveling across the country, and they're getting all of this with free room and board.
It's really hard to put a true dollar amount on that, but the closest comparison in the professional world is a college degree. Which they should be getting, and at no cost to them.
When this is included, I think it balances out enough to be fair.
Or to put it another way... How many of these players could go pro without the benefit of college training. I'd argue very few. And by definition, fewer than the number who declare early for the draft, which is already a small number.
And I don't feel any more sympathies for them than I do any other startup millionaire that probably could have skipped college but didn't.
Tangent: I've also argued that being an athlete should/could be a degree in and of itself, given a properly designed program. It should include classes in kinesiology, dieting, health, financial management, speaking to the media, marketing yourself, etc. I think that would also solve many of these issues.
https://www.nflregionalcombines.com/Docs/Eligibility%20Rules...
Which implies that players not only seem to value the training and experience of college athletics, but that they value all 4 years of it. Arguably red-shirting extends this to 5 years.
When I was in school all the scholarship athletes had food, clothing, and housing stipends that were considerably more than they needed for any of those three things. Not to mention that the free education they receive.
I understand that the "education" most top tier football players receive isn't quite the same as the other students (football is a full time job). I just don't know how you can start paying players without causing some really sweeping side-effects that change the reason that so many people love college football.
With the proper regulation, I suppose you could probably give the players money that they deserve, while still keeping some of that amateur sports magic. Hopefully it doesn't evolve into the pre-NFL where only schools with money have football teams.
I'm also a little interested what could happen with Title IX. As far as I know, all athletes in a school have to get the same benefits and if you start paying college football players (the only ones that typically make any money for the school) what do you do about the girls on the gymnastics team or the guys on the lacrosse team?