Here you go rmancil, fixed your post for you:
These huge universities are the minor leagues for the rich. No other income bracket has a better minor league system in place, not even close. The money continues to expand at an incredible pace but it seems that a lot of you think that as long as they spend it all or the vast majority of it on other departments, capital improvements, administrative costs it is enough.
That my friends is why the rich always get richer while the rest of the world does all the work.
Take a look at what professors make, nobel prizes, pulitzer prizes, check into who has the government research grants that have exclusive contracts and check out his house. Then tell me who has the best deal the average student who will work through his 50's or the company the professor hires to a non-bid contract to further his research? Who knows, Johnny Bachelor Degree might be a graduate assistant to the professor, ask him who has the best deal.
Any institution that will generate TRILLIONS of reported profits is out of this world big business.
So, according to your argument, higher learning should consist of Business, Economics and a few select hard sciences. Students in these degree programs should be paid to attend school, especially those in Business. The expected lifetime earnings of a Biology degree graduates is far higher than the expected lifetime earnings of football players, even when you factor in NFL players. The grants that Biology programs generate are several multiples of that generated by the football program By your argument, Biology majors should be paid several multiples of what a football players should be paid on the off chance that one of them founds a multibillion dollar biotech company.
Since most departments don't cover their own costs in grants and research monies so they should be dropped since revenue should not be shared between departments. No more psychology, sociology, literature, anthropology or any other department that doesn't make money. If you take it a step further, every public university (i.e. the entire University of California system, University of Virginia, etc.) should be shut down because they all lose money.
You still don't realize that college football is part of a greater whole of the athletic department which is, in turn, a small cog in an institution of higher learning. Football is a small, small part of a university's mandate. Your only argument is that football makes money so players should get paid and every other part of the athletic department should suck wind because it loses money. It's incredibly myopic.