Let’s address your other points: 1. Scholarship money. Scholarship money is great, but here’s the deal. Normally very few people get a full ride. There are only a certain amount of scholarships per team. Each sport has a different number of allotted scholarships and it is fixed across the schools in a a division. Your average scholarship is mostly like half of tuition or less, because of trying to make the team as a whole better.
2. Athletes have to go to class. Yes the have to. Unfortunately, there are these pulling demands or just crap reality.
First scenario: So your broken down student athlete, who has been training 30 hours, has to attend class. He/she attends class but honestly being mentally present is tough.
Second: You’re a student athlete whose ability to attend school is based on athletic performance. You don’t perform well or get hurt, you can lose that scholarship next year. Say bye bye to school.
And you're correct to point out that many of the scholarships in minor sports are fractional. The funny thing is that there's so much prestige involved in getting an athletic scholarship that many don't complain about this. Indeed for many schools up to and including the very best, the prestige may be worth more than the dollar value.
Second, the non-athletes pay a pretty penny for those classes that the athletes may ignore. It's common for students and their families to part with $150,000 to more than $300,000 for the same access to classes. Now, I agree that many athletes fail to get an education, but I think it's a stretch to say that this is all the fault of the college industrial complex. At some point, the students have to go to class.
Third, I realize that many coaches ask for long time commitments from athletes, but even then the value of the scholarship is still pretty sweet. For many, it may be the easiest money they make in their life. Even if they work out for 20 hours for the 25 weeks in a season, that's just 500 hours, about 1/4 of a normal full-time job. If the scholarship is worth $75,000 (as some are), then you're pulling down the equivalent of $300,000/year on an hourly basis. But it gets better because that scholarship is TAX-FREE.
Your general attitude about college sports has much merit, but the athletes are compensated.