Cost Of College

If the NCAA decided to pay college athletes, it would create more problems than solutions. For example, if student-athletes are offered a salary, most likely the cost of school tuition will go up because the money paid to the student-athletes must come from somewhere and the revenue from sporting events and memorabilia will not be enough to cover all student-athlete salaries as well as expenses to run all the college’s sports programs. In addition, not all college sports draw the same fan base and therefore, income is greatly varied between sports programs which in turn will create an unfair balance when determining the salary for each student-athlete. All student-athletes regardless of which sport they are participating would expect equal pay.

Ever since you were little, your parents have been talking about this wonderful thing called college. They told you that you have to go there to get an education before you can get a good job. Many kids have dreamed of going to college, and being able to get the job of their dreams. By putting in hard work and dedication to good grades in high school, you had high hopes that you would be able to get into an Ivy League school. The American dream of being able to go to college to get a degree is sliding away from many people due to rising costs. With increasing tuition prices and job loss, the college dream is slowly and surely slipping away from many students and their families.

Paying college athletes would be good for students, they wouldn't have to be worrying about anything. College athletes put their bodies on the line each game they play, paying college athletes would help to begin creating a sense of financial awareness, some athletes don't have enough money to pay for food or stuff they need. If you're willing to help student athletes in college help me make a difference in the world and make these college athletes have a nice time In college by not having to worry to be paying stuff on

This could solve the problem with some players not having enough money to live. According to College Student Journal, 54% of college students said that student athletes should be paid for their services, but if they were to get paid, colleges might have to increase tuition and fees in order to get enough money to pay the athletes (Schneider, 2001). Some people say that paying college athletes will reduce the amount of illegal payments to the athletes. That is not necessarily true, because illegal payments still could occur to ensure that an athlete will complete a task. The National Collegiate Athletic Association (NCAA) makes around $100 million per year (Edelman, 2013, P.61). Some people might say that it is wrong for the NCAA to not give any money to the athletes that make most of the money for them, but it is against the rules to pay them. If colleges were to pay students, the college trying to get a student to attend their school in order to play football would have to offer more money than several different colleges, in order to intrigue the student into going to that college (Kisska-Schulze, 2014, P.32-34). There is a difference between a professional sport and a college sport. “The difference between a purely commercial model (professional sport) and the educational model is the purpose for generating revenue: in a commercial entity, the purpose is to make a profit,

Most people don’t know that college athletes are already getting paid in different ways than just direct money. "A student athlete at a major conference school on a full scholarship is likely receiving a package of education, room, board, and coaching/training worth between $50,000 and $125,000 per year depending on their sport and whether they attend public or private university"(Dorfman). These athletes get training and coaching for free that professionals pay $2,000-$3,000 per week for. They also receive free schooling if they received scholarships from the school. They can also have free room which means the athletes don’t have to pay for their houses. The average college student pays $20,000 in tuition that these athletes get

Even though an additional $2,000 a semester does not seem like a lot of money, for some smaller market colleges this extra expense may create problems. That is why I suggest either requiring the NCAA itself to provide the extra money to the players or allowing the players to make money off of jersey sales, autograph signings, etc. By potentially taking this financial burden away from the schools and transferring it the NCAA you avoid putting undo stress on smaller schools and instead ask the NCAA, a multi-billion dollar industry, to barely dip into their huge expanse of funding/profit. Furthermore, the NCAA itself is considered a non-profit organization so instead of hoarding the billions of dollars a year that it earns it should be giving money back to the student-athletes who have made the NCAA what it is today (SOURCE). Even though many schools would not be able to pay student athletes the extra scholarship money many larger schools could easily provide this additional scholarship money. For instance, some schools already pay their head football coaches millions of dollars a year. One specific example of this is Alabama Head Football coach Nick Saban. Saban makes six million dollars a year and also receives other

Many believe that paying college athletes is wrong because they are amateurs, or students first and athletes second. With tuition continuing to raise the average athletic scholarships aren’t covering the costs anymore. There is a misconception that most college athletes on athletic scholarships are getting everything paid for, in reality that’s actually false. For example, a Division I basketball team is granted thirteen scholarships each year. Of those thirteen scholarships the University is allowed to split them up however they feel. These scholarships are for incoming students from high school and returning student athletes that had their scholarship picked up for another year. According to author Mark Kantrowitz, less than 20,000 students a year receive an entirely free ride to college (O’Shaughnessy, 2011). That number is students total, not student athletes, that is a very small number when you see that there were 453,347 NCAA student athletes in 2012-13 (Brown, 2013).

In order to improve every aspect of life, especially financially; just having a high school diploma does not meet the requirements that society itself is looking for to accomplish one 's American Dream. Everyone desires and dream to go to college with the hope to be successful; but with the fact that the skyrocketing college tuition is increasing every year might turn those dreams into nightmares. There are many research have been proven that the main factors which cause the high cost of postsecondary education was the lack of funding from government, increase of students as well the increase of administrators. But beside those given facts, there are seems to be more deep hidden truth that most college students and their families have no ideas about it. Numerous of debates seem to argue about the reasons that cause the rise of college tuition was because the most money goes to athletics sport teams, the luxury accommodations for students as well as unnecessary programs and many seven-figure administrator.

Established in 1906, the NCAA is now accumulating around one billion dollars annually, and has made just over seven billion dollars since 2006. Since the establishment of the organization, the only money that has been offered to student athletes is in the form of a scholarship. As of right now, student athletes do not receive salaries, only some form of scholarships. If these student athletes were given salaries instead, it could go a long way. In an article from TheSportster, stated that “If college football players received decent middle class wages, many players would be able to send some money home, which would in turn encourage many parents to convince their sons that they should stay in school” (Craig Keolanui). Also, if the

College sports are extremely popular across America and bring in billions of dollars of revenue every year through ticket and merchandise sales. Currently, the National Collegiate Athletics Association, or the NCAA, gains around 11 billion dollars in revenue annually (listland.com). The problem at hand is that the college athletes who are performing on the field to bring in all of this money do not receive any of it, all of the revenue goes to the university and the NCAA. This money then vanishes into growing black holes such as million dollar coach contracts and stadium renovations. The NCAA argues that a full ride scholarship is compensation enough for players, but in reality that is not true and some players are not even on scholarship.

College athletics is a big time money maker for universities. Universities sell memorabilia, tickets to games, and great tailgating gear. The games are also aired on television were millions of people watch. Universities bring in tons of revenue every year, but where does it go? Not to the stars of the show. Athletes work hard to make their schools proud, but work so hard on their athletic skills; they have no time to actually work for extra money. Because college athletes have no time to support themselves, the school they attend should provide additional funding.

Ultimately colleges are to further educate students to help them achieve their dreams and goals in the future. “The first duty of a university is to educate, not to hire entertainers” said Krikor Meshefejian, a senior editor at the Journal of the Business Law Society. Many of the students, however, are only able to further their education by receiving some sort of scholarship in their sport. Even with these scholarships, students are not always able to fully cover the cost of their tuition, which may be driving some college athletes out of school early, or worse not going at all. If colleges would begin offering to pay student athletes for playing their sport this would help decrease the number of athletes who go to school for one year and then leave for the professional level. While there will still be

One of the biggest questions a high-school student will be asked is about their future career. What most students pursing a college degree fail to realize is the opportunity cost they might have to sacrifice. It all comes down to the individual because unless the person is a professional basketball player, then college might not be worth the opportunity cost for that said individual. Unfortunately, not everyone is a professional athlete so their opportunity cost for college might not be so easy to determine. Also the student must take into consideration what degree they want to pursue and see how the job market is like. For instance, an art degree may not be the best choice to go with in today’s economy. The CNBC article that brought an interest to this topic is “What’s the

If the NCAA starts paying the student athletes it will cause countless problems for the athlete and university. Paying college athletes salaries would be extremely costly and cause many financial problems for the NCAA and most colleges across the country. Kristi Dosh, a contributor from Forbes magazine stated: “the NCAA released data showing that only fourteen universities out of three hundred and forty-seven university are turning a profit without having to rely on institutional support (like student Fees of a check cut directly from the university coffers)” (Dosh 1). For example, take a university like Western Kentucky they spend 5.6 million on grant-in-aid. Grant-in-Aid is “a grant to a school for an educational project” (Merriam-Webster 1). It relies on 8.2 million for the school to balance the school financial plan. Another program Virginia relies on 12 million in student fees to break even. These school will have countless amount of problems coming up with the money to pay these students.

In my opinion, college education is a very important thing to have if you are going into certain fields of work. To be an engineer, a college degree is almost always required, but to be a plumber, a college degree is not required, but going to a trade school is a good idea. College loans are often an issue and a hassle to pay off, but if you choose the right school for your career, and make good financial decisions, student loans can be more manageable. The ROI is worth the cost if you make the right financial decisions and get through college with your degree and are able to get the job you wanted.