Former Michigan State football coach Nick Saban (yes, I know full well he's far more famous with the Tide) testifies before Congress that the current NIL "feeding frenzy" among schools with big money alumni threatens to destroy college athletics (track and field, cross country), sports (wrestling, gymnastics, fencing), and games (football, most everything else).
When I was a young pup, the deal when one got recruited at a college was that in exchange for using one's talents at the school, the coach would not only develop those talents, but also make sure that one grew into a functional adult. Now that was very often more plausible in theory than reality, to be sure, but for a great portion of athletes, the deal worked out very well.
Now, with many "student-athletes" changing schools multiple times, the counselors can hardly keep up with which classes transfer, and hence any pretense of actually getting an education seems to be gone in many places, like Ann Arbor General Studies College. I am not quite sure that Congress can fix this, or that they should try, but there needs to be a serious re-adjustment of what's going on, starting with salary caps for athletes. If they want more, they can go pro.