- Aug 28, 2011
Perhaps people might start valuing a scholarship if it was taxed as income. Yes, I know this would not work unless the stipend was increased to cover the amount that would have to be paid in as income tax.This is a good point. How does one stop those schools with deep-pocketed alumni from doing something like this and gaining unfair advantage over other schools that do not have like resources?
I would think that there may be a cap placed on the amounts that athletes could receive in these situations or some other such regulations or limitations.
Also I just don't understand why the value of the scholarships never seems to be taken into account. These range anywhere from $100K to over $250K depending on which school these athletes attend. I realize that in some cases the ROI for the universities is much greater, but still, that kind of value should be taken into account.