Should student-athletes be paid

Solutions

Expert Solution

Sport is a vital organ of the society. There are numerous benefits to be reaped off from it. Entertaining the mass, fitness of the people, etc. but most important the lessons it teaches about life. I strongly believe in a society where academics and sports are given equal respect and opportunities. When it comes to learning, I would put sports next to books. Discipline is one of the major outcomes of it. Whether we talk about physical or mental, for s sportsperson discipline is a holy grail. We learn to win and also to lose, which is most of the time, a neglected offering of sports. Moving on to the entertainment, well where there is entertainment there is money. Pondering over the above-mentioned points, it brings me to the question in hand: Should student-athletes be paid?

Yes, they should definitely and have multiple reasons to justify but let us focus on the major reasons:

1. It will encourage sports among the young generation resulting in a sports-oriented society, where the sports culture is valued. In today's' world, money matters and defines the degree of respect a particular field can have.

2. It will help the underprivileged students to provide for their education and support their family, making their life way easier.

Now, let's look at the financial impact:

1. A paid student-athlete will bring on money circulation in the economy

2. Since being paid, education loan can be reduced making their leverage position leaner

3. Paying student-athletes, as mentioned above will promote sports among younger generation resulting in booming of the sports industry, resulting in more sale of equipment which in turn favors the manufacturing sector

4. A paid student is a blessing for Parents as they have to spend less, making their savings more. Increase in their savings improves the deposits, which in turns helps the economy in terms of investment. Also, they can plan their future better. More the money in hand, merrier the investment

5. Teaches the student to manage their finance from an early age making them independent

jeff jeffy answered 1 year ago

Next > < Previous

Related Solutions

An article wanted to examine people’s opinion about whether student athletes should be paid to play...

An article wanted to examine people’s opinion about whether student athletes should be paid to play their sport while in college. From a random sample of 412 people, 218 thought that athletes should be paid to play their sport while in college. (a) Assuming the sample is representative of population, construct a 94% confidence interval for the proportion of people who believe athletes should be paid to play their sport while in college. (b) Give an interpretation of the interval...

Should college athletes be paid? Explain your answer, addressing the impact on the universities, their athletic...

Should college athletes be paid? Explain your answer, addressing the impact on the universities, their athletic departments, and athletes in the revenue and non-revenue sports.(Sports Economics)

As part of a course project, a statistics student surveyed random samples of 50 student athletes...

As part of a course project, a statistics student surveyed random samples of 50 student athletes and 50 student non-athletes at his university, with the goal of comparing the heights of the two groups. His summary statistics are displayed in the provided table. n s Athletes 50 68.96 4.25 Non-athletes 50 67.28 3.46 a). Which data analysis method is more appropriate in this situation: paired data difference in means or difference in means with two separate groups? Explain briefly. b)....

- The Athlete compensation student presentation asked if compensating student athletes for more than room and...

- The Athlete compensation student presentation asked if compensating student athletes for more than room and board is ethical. What is your personal stance on this issue? Provide a thorough explanation.

A study done by researchers at a university concluded that 90% of all student athletes in...

A study done by researchers at a university concluded that 90% of all student athletes in a country have been subjected to some form of hazing. The study is based on responses from 1700 athletes. What is the margin of error and the 95% confidence interval for the study?

. Explain the arguments used by proponents and opponents of paying student-athletes. Take a position and...

. Explain the arguments used by proponents and opponents of paying student-athletes. Take a position and defend it using economic arguments.

2) A researcher is interested in studying whether or not student athletes drink more alcohol than...

2) A researcher is interested in studying whether or not student athletes drink more alcohol than the college students in general. The average number of drinks per week a college student drinks is 6.94 drinks (SD = 3.4). What we conclude if we selected a sample of 40 student athletes and they drank an average of 8.25 drinks? What does the distribution of sample means for this scenario consist of? Explain your decision using the distribution of sample means in...

After the Knapp and Toyota Motor Mfg. decisions, it may be much easier for student-athletes with...

After the Knapp and Toyota Motor Mfg. decisions, it may be much easier for student-athletes with learning disabilities to use the disability rights laws to gain access to participation than for those with physical disabilities. Explain why.

After this decision, student athletes in Washington could no longer be subjected to random drug testing....

After this decision, student athletes in Washington could no longer be subjected to random drug testing. However, in the neighboring state of Oregon students have no such protection. Under our federal system, how is that possible? Do you think that is a fair result?

1. The National Labor Relations Board ruled that student athletes are not employees and thus cannot...

1. The National Labor Relations Board ruled that student athletes are not employees and thus cannot unionize. (True or false) 2. Ramogi Huma points out that the student athletes are in labor market conditions that usually call for unionization, namely that they do not have the market power (leverage) they need to protect themselves. (true or false) 3. The National Labor Relations Board decision on the status of the Northwestern Athletes request to unionize sets establishes a precedent that applies...

Subjects