Lifetime scholarships — the ability to return to school and complete a degree at any time in one’s life — are employed by some Division I schools. These deals shouldn’t be optional, however, especially in the Power 5 conferences. The Atlantic Coast Conference, Big Ten, Big 12, Pac 12 and Southeastern Conference have ample resources; they should mandate such scholarships for all their revenue-producing football and basketball players. (Because of Title IX, the law requiring gender equity in education, lifetime scholarships would likely end up being extended to all scholarship athletes, but men’s basketball and football players should be the first priority.)
Source: latimes.com – Los Angeles Times