If you’ve ever been to a top college football game or even been in a town where there was the top football team playing, you’d know how much money these can pull in. Corporations pay a great deal of attention to college football and those teams can pull in millions of dollars for their colleges. Of course, those are the exceptions. Whatever earning power most college teams had, they totally went bust ever since the recession hit. Most teams just lose money.
Who’s left holding the baby? It’s the students, of course. The colleges raise their fees and the students have to pay. Perhaps you’re happy for college football because well, it offers the possibility that you could make college on a football scholarship. Right?
Well, there are about 1 million school kids who play football in high school. And barely 10% of that number actually even tries to play in college. And only about 5% of that number actually gets a football scholarship. That’s about 20,000 college students a year.
And even then, just because you get a scholarship, doesn’t mean that you’ll keep it. You have to do quite well academically to be able to keep that. As hard as it is to earn a scholarship once, think of what you have to do to keep it for all four years.
So okay, let’s say that you do qualify for that full tuition scholarship. That is very good luck; except that it only pays most of your bills. For living expenses, it can be a struggle. A star football player certainly needs to pay a lot of attention at school. And then there’s at least 30 to 40 hours he has to devote to football. There is no time ever for a job. This isn’t really fair of course. If the school’s football program actually pulls in a lot of money, the players should be compensated. But there it is.
College football games may be amateur sports. But they certainly command very high prices. A big-time Bowl game can end up costing you $200 a ticket. Even the least attractive seats in the stadium can set you back about $100. That’s a lot of money; and one of these games can generate hundreds of millions of dollars for this town where it’s held.
That’s why there more Bowl games these days than ever before. But it cannot really be fair, the whole college football hoopla. Every time a public university builds a new stadium, it’s Joe taxpayer that foots the bill. These are the very same colleges that raise fees for want of funds and cut scholarships.