Question

In: Economics

What economic benefit do the students receive by participating in college athletics?

What economic benefit do the students receive by participating in college athletics?

Solutions

Expert Solution

  • The economic benefits are:
    • College Education:The quality of a person's life is measured by college degree. Access to college education is a great benefit to college athletes. The research conducted by NCAA shows that 15 percent of Division I athletes are first generation college students.
    • Scholarships:College athletes will receive scholarships. It is seen that,more than 150,000 student athletes receive $2.4 billion in athletic scholarships from colleges and universities,that are members of NCAA.The athletes who doesn't receive scholarships have other ways like academic scholarships and federal Pell Grants. The student athletes who earn from part-time employment are exempt from financial aid limits.
    • Medical care:The students athletes will receive free medical care.
    • Healthy Living:Student athletes have the access to cafeterias in campus. In some cases , certain colleges will hire nutritionists and dieticians to work with each student athletes.

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