primetime
Pro Bowl Player
- Joined
- Jun 15, 2005
- Messages
- 13,636
- Reaction score
- 15,379
Everything you quoted there is completely wrong, but it's what I'd expect from an individual who clearly has an ax to grind.
As with graduate students, tuition remission would be included as part of the deal, meaning only the stipend would be taxable income (as upstater1 and I were discussing earlier in the thread while comparing graduate students and student-athletes) and then the lifetime learner credit would basically kick tax liability on that down to $0. Likewise, Northwestern and other universities provide health insurance coverage for all employees, so football players would not be any different. All students who receive financial aid receive this "privileged tax status" so it's not in any sense of the term privileged.
As with graduate students, tuition remission would be included as part of the deal, meaning only the stipend would be taxable income (as upstater1 and I were discussing earlier in the thread while comparing graduate students and student-athletes) and then the lifetime learner credit would basically kick tax liability on that down to $0. Likewise, Northwestern and other universities provide health insurance coverage for all employees, so football players would not be any different. All students who receive financial aid receive this "privileged tax status" so it's not in any sense of the term privileged.











