Tag Archives: college sports

the real march madness: our terrible system of higher education

[note: a slightly different version of this post originally appeared on my Yahoo! Finance contributor page]

I’m a sports fan, but I don’t plan on watching the Final Four this weekend. Sure, the players are inspiring and the games are usually exciting and dramatic. I just can’t bring myself to tune in to a bunch of unpaid employees generating billions for one of the most corrupt rackets in the world, the NCAA. But–as regular readers of this blog know all too well by now–my distaste for so-called amateur athletics pales next to the utter disgust I feel for our broader system of higher education.

Talk about an industry desperately in need of disruption.

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free labor: here’s to the beginning of the end of the ncaa

This isn’t about investing or the world of finance (though it is about one of the most profitable businesses in the world), but I’d like to take a moment to acknowledge the football players at my graduate alma mater, Northwestern. Tomorrow, they’ll be voting on whether to form a union. I hope they vote yes but no matter what happens, I admire their guts and the strength of their ideals.

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