From Maurice Clarett to Terrell Owens to Antoine Walker, the stories of former college and professional athletes going broke is not a newsflash. Despite the belief of some, monitoring their bank accounts won’t stop this occurrence.
Greg Bishop of The New York Times recently wrote an article highlighting Ohio State University’s new policy to monitor the spending of student-athletes. It also forces these specific students to open up bank checking accounts.
The university told Bishop that it sees this approach as one in teaching financial education. All the school is really trying to do is make people forget about a year that was filled with sanctions and embarrassment for Ohio State’s premier sport program.
Assistant professor David Ridpath told the Times reporter he understands the school’s reason, but added: “the flip side is it’s pathetic that we have to do this. I don’t like the Big Brother aspect of this. Do we have to monitor everything?”
No Mr. Ridpath, we do not;…
Continue reading at Bleacher Report – Big Ten Football