And are scholarships taxable income?Now that college football players are professionals, will they still be required to (appear to) be actual students?
Shouldn’t be. This would have a catastrophic impact on non-student athletes.And are scholarships taxable income?
If you are an expensive private school, you do not want players to pay tuition as that would put the private school at a competitive disadvantage to public schools for attracting players.How about they start paying tuition?
When the bluebloods break away from the NCAA, class attendance will become optional (read: "strongly discouraged").Now that college football players are professionals, will they still be required to (appear to) be actual students?
There should probably be a master thread for these predictions. I am morbidly fascinated by running this whole thing down the rabbit hole of “if it’s blatantly and openly about money, take this to the logical extreme and see where it must inevitably go, in every facet.” I believe there are some horribles we can parade here.If you’re getting paid to play, you are a professional athlete. And a scholarship is part of the compensation. I don’t see how a scholarship wouldn’t be taxable. You can’t have it both ways.