Originally Posted by
greybeard
Couldn't being a student, an NCAA requirement in order to play football, make the scholarship exempt from taxation, aka, paying tuition for an engineer's going to business school to serve his employer in any number of more business related capacities. That said, academic.
Two thoughts:
- To be exempt from taxes, a student who receives a scholarship must be enrolled in a degree-granting program. The scholarship must not be in excess of costs (e.g., tuition). I expect that the tax hypothesis is far from settled if athletes are viewed as "employees" under the Fair Labor Stds. Act.
- Nothing prevents the Congress from passing a law exempting athletic scholarship payments IN ANY AMOUNT from taxation. Even though the legislative climate is the worst in history, nearly 40 states have teams in major conferences.
Sage Grouse
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'When I got on the bus for my first road game at Duke, I saw that every player was carrying textbooks or laptops. I coached in the SEC for 25 years, and I had never seen that before, not even once.' - David Cutcliffe to Duke alumni in Washington, DC, June 2013