Players: 0; Colleges: $10,000,000,000
IT SOUNDS like a good deal. As millions of students struggle to pay for higher education, hundreds of universities offer full scholarships to the lucky few applicants who are talented enough to compete in intercollegiate sports. Yet a growing number of critics decry this arrangement as exploitative. And on August 8th a federal court agreed, ruling that the National Collegiate Athletic Association (NCAA), a club of schools that sets the rules governing college sports, has violated antitrust law.
Read the article on the website of The Economist: click HERE.