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Morning Brew Daily

The NCAA Trust Fund? & Couples Without Kids Are Making Bank

Dec 6, 2023
26:15
Snipd AI
The podcast discusses the proposal for a trust fund to compensate college athletes, financial disparities in college athletics, suspicious trading activity before the Israel-Hamas conflict, and the secretive process of pricing prescription drugs.
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Podcast summary created with Snipd AI

Quick takeaways

  • The NCAA has proposed a trust fund to compensate college athletes and address the ongoing debate on whether they should be paid for their contributions.
  • The DINK lifestyle, characterized by dual income and no kids, is becoming popular as couples without children bring in an average of $9,000 more in income compared to dual-income families with kids, reflecting a shift in societal priorities and individual decision-making when it comes to starting a family.

Deep dives

NCAA proposes changes allowing athletes to get paid

The NCAA has proposed sweeping changes to college sports that would allow athletes to collect a paycheck for their work. Under the proposal, big-budgeted schools would be able to pay athletes at least $30,000 per year through a trust fund, complying with Title IX gender equity rules. Additionally, schools could offer unlimited educational support and enter into name, image, and likeness deals with their athletes. This proposal could be the biggest change in college athletics and aims to address the ongoing debate on whether college athletes should be paid for their contributions.

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