Student-Athletes on Full-Scholarship still pay thousands in expenses

Home ▸ Archive ▸ College Sports ▸ Student-Athletes on Full-Scholarship still pay thousands in expenses
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Oct 26, 2010 1:01 PM
Figured this would be a good place to put this.

http://sports.espn.go.com/ncaa/news/story?id=5728653

What does everyone think about this? Do colleges need to pony up even more and take care of expenses like calculators, parking tickets, and other expenses? Or are they getting enough money already?
Oct 26, 2010 1:01pm
wildcats20's avatar

wildcats20

In ROY I Trust!!

27,794 posts
Oct 26, 2010 1:02 PM
They don't do it for any other students.
Oct 26, 2010 1:02pm
C

Con_Alma

Senior Member

12,198 posts
Oct 26, 2010 1:05 PM
parking tickets???
Oct 26, 2010 1:05pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Oct 26, 2010 1:06 PM
wildcats20;533343 wrote:They don't do it for any other students.

Not that I disagree, but are the two really comparable? Some student-athletes attract millions of dollars to the university, how much do these "other students" attract?
Oct 26, 2010 1:06pm
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Oct 26, 2010 1:34 PM
wildcats20;533343 wrote:They don't do it for any other students.

Idiot post #1 on this thread. Other students don't generate revenue.

To answer the original question, no they don't need more. They are still eligible to take out loans for their living expenses if they need money.
Oct 26, 2010 1:34pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Oct 26, 2010 1:38 PM
thedynasty1998;533393 wrote:Other students don't generate revenue.

ehhh, idk about that. They do not generate enough money to compare to student-athletes; however, some students on scholarship do research for the university that raises money through grants and scholarships for the university. There's plenty of money made by students on scholarships, just not comparable to student-athletes.
Oct 26, 2010 1:38pm
sleeper's avatar

sleeper

Legend

27,879 posts
Oct 26, 2010 1:39 PM
SportsAndLady;533348 wrote:Not that I disagree, but are the two really comparable? Some student-athletes attract millions of dollars to the university, how much do these "other students" attract?

Other students don't get scholarships either. I understand the "revenue"(because paying tuition isn't revenue) argument, but most athletic programs in the country are practically bankrupt/breaking even on sporting events.

I mean if student athletes don't like it, they have other options like not going to college and working at McDonalds 9-5 for the rest of their life. They need to STFU and stop whining about being given a talent, "Oh no QQ I have to take a loan out".
Oct 26, 2010 1:39pm
wildcats20's avatar

wildcats20

In ROY I Trust!!

27,794 posts
Oct 26, 2010 1:40 PM
And what does generating revenue have to do with a school paying my parking ticket? Absolutely nothing.
Oct 26, 2010 1:40pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Oct 26, 2010 1:42 PM
sleeper;533406 wrote:Other students don't get scholarships either. I understand the "revenue"(because paying tuition isn't revenue) argument, but most athletic programs in the country are practically bankrupt/breaking even on sporting events.

I mean if student athletes don't like it, they have other options like not going to college and working at McDonalds 9-5 for the rest of their life. They need to STFU and stop whining about being given a talent, "Oh no QQ I have to take a loan out".

Other students don't get scholarships?

So if I had a 4.0 in high school and a 36 on my ACT, I wouldn't get a scholarship to attend a school?
Oct 26, 2010 1:42pm
sleeper's avatar

sleeper

Legend

27,879 posts
Oct 26, 2010 1:45 PM
Are you really going to get into specifics and try to find exceptions?

Other students pay tuition, is that not revenue?
Oct 26, 2010 1:45pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Oct 26, 2010 1:45 PM
sleeper;533418 wrote:Are you really going to get into specifics and try to find exceptions?

Other students pay tuition, is that not revenue?

I think you're confused
Oct 26, 2010 1:45pm
sleeper's avatar

sleeper

Legend

27,879 posts
Oct 26, 2010 1:46 PM
No, I think you're confused.
Oct 26, 2010 1:46pm
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Oct 26, 2010 1:54 PM
sleeper;533406 wrote:....but most athletic programs in the country are practically bankrupt/breaking even on sporting events.

I mean if student athletes don't like it, they have other options like not going to college and working at McDonalds 9-5 for the rest of their life. They need to STFU and stop whining about being given a talent, "Oh no QQ I have to take a loan out".
Athletic programs are broke because of all the other sports they support. Plus, you can't put a price on the brand recognition that sports provide.

Yea, if they don't like it, what other options do they have? Play in the NBA? No, because they have to go to school. Play in the NFL? No, because they have to go to school.
Oct 26, 2010 1:54pm
sleeper's avatar

sleeper

Legend

27,879 posts
Oct 26, 2010 1:56 PM
No they don't have to go to school. NBA, go overseas. NFL, be out of high school 3 years. I mean are you really this dumb?

Bunch of whiny babies.
Oct 26, 2010 1:56pm
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Oct 26, 2010 2:02 PM
sleeper;533442 wrote:No they don't have to go to school. NBA, go overseas. NFL, be out of high school 3 years. I mean are you really this dumb?

Bunch of whiny babies.

Doesn't Ohio State teach you anything? Basketball is as much about making a brand for youself, and by going overseas for a year you only hurt yourself. Ask Brandon Jennings how much money he lost out by going overseas for that one year.

Good option for the football players. That makes sense.
Oct 26, 2010 2:02pm
sleeper's avatar

sleeper

Legend

27,879 posts
Oct 26, 2010 2:04 PM
Like I said, if they don't like it they can work at McDonald's.

QQ
Oct 26, 2010 2:04pm
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Oct 26, 2010 2:09 PM
sleeper;533462 wrote:Like I said, if they don't like it they can work at McDonald's.

QQ

Good solution.
Oct 26, 2010 2:09pm
se-alum's avatar

se-alum

The Biggest Boss

13,948 posts
Oct 26, 2010 2:45 PM
Student-athletes know the deal when they sign-up. Anyone know how much a scholarship is worth at OSU these days when you factor in tuition, books, and lodging?? It's no different than the real world. I get paid by my employer to manage several inventory packages, and one key I'm evaluated on is how much money I can save by finding the best prices on products. So I actually make a meager percentage of the money of the money I save my employer. It costs me roughly $2,000/yr just in gas getting to and from work, so it costs something for anyone who has a job. These kids are paid very handsomely to get an education and play a game they love. It's there for them to take or leave, but it's a pretty sweet deal they have on the table.
Oct 26, 2010 2:45pm
krambman's avatar

krambman

Senior Member

3,606 posts
Oct 26, 2010 2:50 PM
They can take out loans to cover the gap in expenses just like everyone else. Those loans will be deferred, so they won't have to begin paying anything on them (except interest if they are unsubsidized) until they are 6 months out of school. By then they will either be in the NFL making millions and should have no problems paying off a few thousand dollars in debt, or they will have graduated and should be working by that point and will be able to make the payment like everyone else who graduates and gets a normal job, and who would likely have more debt than these athletes.

Now, I'm also not opposed to expanding scholarships to cover some more expenses. I believe that right no D-1 players on full scholarship have their tuition covered, they get a housing allowance, and I believe a $30 per diem for food. I would be okay with scholarships also covering books, but not much more (little things like a parking pass I would be okay with). Most of these athletes also get lots of free merchandise in the form of workout and school apparel, which cuts down on their clothing cost. Other than that most full scholarship athletes would have a few thousand dollars a year to cover, and many could still work part-time in the off season. That work combined with a few students loans should easily cover everything.
Oct 26, 2010 2:50pm
lhslep134's avatar

lhslep134

why so serious?

9,774 posts
Oct 26, 2010 2:55 PM
thedynasty1998;533458 wrote:Ask Brandon Jennings how much money he lost out by going overseas for that one year.


Holy shit you're wrong. Brandon Jennings made money.

http://sports.yahoo.com/nba/news?slug=aw-jennings092408

1. There's only a difference of 2.4 Million in salary each year between the 1st and 10th (where Jennings got picked) picks.

2. There's no doubt in my mind Jennings wouldn't have been the 1st pick (Griffin) or the 2nd (Thabeet), and probably would have gone MAYBE 6th at the earliest, considering Rubio went 5th and vastly outperformed Jennings in Europe. So the difference between 6th and 10th picks is $800,000. Jennings received $1,000,000 guaranteed and probably more in Europe.

3. He still got his sponsorship.


Sooo, where did Jennings lose money?

Honestly, for stupid high school bball players, going overseas is probably as good or better of an option than going to college, now that the competition in the rest of the world has stepped up considerably from where it was 15 years ago.
Oct 26, 2010 2:55pm
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Oct 26, 2010 2:57 PM
I understand the side of those who think a scholarship is enough payment, but I don't understand those who believe the "they should be grateful just for that".

I was on a full scholarship in college at a D2 school. In no means was it a revenue generating sport and it hardly generated the brand recognition in terms of an athletic department as a D1 school. With that said, I absolutely believe that scholarship athletes in revenue generating schools deserve more than I received. They have so much more pressure on them and more demands socially than most other students. Do I think a scholarship is enough? Probably not, but I don't know what else you can offer other than per diem, living expenses, books, parking pass, clothing etc...

But while I was in school I had friends who took out loans to pay for schooling, but they also worked part time jobs that generated cash flow for them. My parents rarely gave me any money, so I had to stretch my summer cashflow over the course of the school year, so when we all went out to the bars, the students with the part time jobs generally had the cash flow while the athletes usually didn't. Now economically that is all made up for once you graduate with no debt, but at the time you wished you could go out to a nice dinner every once in a while or enjoy yourself at the bar.
Oct 26, 2010 2:57pm
lhslep134's avatar

lhslep134

why so serious?

9,774 posts
Oct 26, 2010 2:58 PM
krambman;533544 wrote:They can take out loans to cover the gap in expenses just like everyone else. Those loans will be deferred, so they won't have to begin paying anything on them (except interest if they are unsubsidized) until they are 6 months out of school. By then they will either be in the NFL making millions and should have no problems paying off a few thousand dollars in debt, or they will have graduated and should be working by that point and will be able to make the payment like everyone else who graduates and gets a normal job, and who would likely have more debt than these athletes.

Now, I'm also not opposed to expanding scholarships to cover some more expenses. I believe that right no D-1 players on full scholarship have their tuition covered, they get a housing allowance, and I believe a $30 per diem for food. I would be okay with scholarships also covering books, but not much more (little things like a parking pass I would be okay with). Most of these athletes also get lots of free merchandise in the form of workout and school apparel, which cuts down on their clothing cost. Other than that most full scholarship athletes would have a few thousand dollars a year to cover, and many could still work part-time in the off season. That work combined with a few students loans should easily cover everything.

At OSU they have quite a healthy stipend each month, which is the reason a few of them drive expensive cars with monthly payments in excess of $250 because they don't spend that stipend money on other stuff they get for free (Food).

Athletes at OSU get 250 swipes per quarter which is WAY more than they need, ensuring that they don't need to use the stipend to pay for food.


Obviously at other schools I can see why it could be a slight (if any) issue, but at OSU its a non issue. Anyone asking for more money (at least on the football team) just doesn't spend their money wisely.
Oct 26, 2010 2:58pm
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Oct 26, 2010 3:02 PM
lhslep134;533554 wrote:3. He still got his sponsorship.


Sooo, where did Jennings lose money?

You answered your own question. First off, I do believe he would have went higher in the draft, but that's not what I was talking about.

IF he went to college, he makes a John Wall type of impact. John Wall signed an endorsement deal with Reebok for $25 million, over 5 years; and the reason is because everyone HERE knew who he was.

Jennings signed with Under Armour for 2 years, $2 million.

Does he make the same as John Wall? Probably not, but he certainly would have made significantly more than $2 million if he played college basketball here in the US and built up his name recognition.
Oct 26, 2010 3:02pm
lhslep134's avatar

lhslep134

why so serious?

9,774 posts
Oct 26, 2010 3:05 PM
Whatever, I disagree. I don't think going to college woulda helped Jennings.
Oct 26, 2010 3:05pm
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Oct 26, 2010 3:07 PM
lhslep134;533571 wrote:So you're basing your entire argument off of a John Wall-Brandon Jennings comparison? LOL OKAY.


I'll make an equally ridiculous statement. If Brandon Jennings went to college, he woulda blown out his knee and gotten NO sponsorship money. So there, take that.

You cannot deny that Jennings would have signed a significantly more lucrative endorsement deal if he would have played in college here in the US for one year.
Oct 26, 2010 3:07pm