The National Football League Players Association elected DeMaurice Smith just over three months ago and his impact has already been felt by the players.
Smith travels to meet with NFL players to educate them on the inner-workings of the league, helping them understand its finances and funding. According to the Wall Street Journal, most players are unaware that the NFL is a non-profit organization.
This made me wonder about financial education for student-athletes. Many young people graduate with a poor sense of financial responsibility after having lived off meal plans for several years. All too often college graduates find themselves struggling with debt and student-athletes on scholarship may have an even lower understanding of money management.
Graduating into this tough economy, do you think a fiscal responsibility class should be offered to student-athletes?