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The Importance of Financial Education for Athletes: Starting in High School

Fortune · ·by G4L

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  1. 1The College Sports Commission estimates that revenue sharing payments for student-athletes will reach $1.77 billion in 2025-2026.
  2. 2A 2022 NCAA study found that many students have a strong desire for more resources regarding financial literacy and taxes.
  3. 3Adam Frank recommends that athletes should view themselves as their own CEOs and that financial education should begin in high school before significant income is earned.

So what's the key point?

Student-athletes are expected to receive $1.77 billion. This means money management education should start in high school before they earn large incomes.

Source Fortune · View original ↗

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