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Your first point is part an appeal to authority.
No, it's not. It's noting that I've been in the position personally, to get my background on the issue out there in order to get out in front of the kind of comments ("You're biased!", "But you didn't play in Alabama!") that might follow, followed by the pointing out that there's a difference between fact and opinion. Saying the education is a farce is an opinion, not a fact. The reality is that, using the same sort of arguments, I could call any number of non-athletes' educations a farce.
Your second point is fair to an extent but you're starting to argue that the value is in the practice of sport--not the degree and education.
I'm noting that there are multiple things of "value" involved, not that a degree and education is without value.
Most student athletes don't make a living as athletes--they're not good enough. For most students the practical value will be the education.
How good a player is does not matter in terms of potential opportunity.
i think you need to re-read your own post.
No, I don't.
You stated that scholarships are essentially forms of payment...
Yes, clearly.
while not acknowledging that not every student athlete receives a full ride, such as with your BC example.
It's irrelevant. A partial ride is still a payment. If you want to argue sufficiency of payment, that's a different argument than existence of payment, and it would apply to all scholarship athletes, partial or full.