ND Selling Point to Recruits #1,276

Okay, so it's actually probably in the Top 3, but I was using the big number to show how attractive ND should be to future CFB stars, get it?  Yep? Yep.

Edumacation!

And actually, and maybe more importantly to many players, Edumacation = CASH MONEY.

See, most NFL players end up broke.  Broke as a joke.  Financially ruined, and wondering what to do next.   No cash.  No money. No records.  Broke.

How does this happen? I mean, they make a ton of money right?  Yep, they do, and they save absolutely none of it.   Because the vast majority coast through college without learning a thing, without actually having to learn, they don't know anything about investing, money management, responsibility.  That's a recipe for disaster, and that's what most players get.

Seventy-eight percent of former NFL players are bankrupt or under financial stress within two years of retirement...

78%!  That means you have over a 3 in 4 chance of going broke within 2 years of retiring if you go into the NFL. 

Now, I have no stats to back this up, but my bet would be that players that come from schools where they actually learn, or the few players that go to schools where you dont HAVE to learn, but choose to do so anyway, are disproportionately represented in the 22% that are NOT broke within 2 years.  And they're probably not broke ever.   Why?  Because they study, they learn something, they learn to be responsible through studying, and they run their lives and their finances in a somewhat responsible way, so they can retire nice and happy.

Things the broke ones do, and the ND courses that would've saved them:

• Spend insanely on themselves every week and on their friends/family and their friends' friends and family - the story notes one NBA player spending $10K/month in hanging out money.  HANGING OUT IS FREE BROTHER.   Money and Banking.
• Don't save anything for retirement in a 401K, IRA or anywhere else.  It's tax free cash money records, c'mon now.   Common Sense 101.
• Invest in foolish businesses that 'sound great' but have no biz model, no financial statements, and nobody that actually knows business involved (hey all NFL players, give me your money, i will make you seriously rich!)  Entrepreneurial Studies.
• Invest way too much in real estate - it doesn't ALWAYS go up.  Economics.
• End up with 3-20 children and the child support payments that go with them.  Being a Catholic 101.
• End up giving HALF in the divorce.  Or 3/4 after a second divorce.  Being a Catholic 101.  Intro to Law.

So it's not only about education.  It's about MO-NEY.  You want the riches and glory of the NFL?  Great, you can go to any football factory and if you're good enough, you'll get that. For a few years.  You want the riches and glory of the NFL and a sweet retirement ON A MOFO-ING BOAT?  Well, then, pick ND (or another school where you'll actually learn something, but we greatly prefer ND).   Yes, I know that Rocket is one of the examples in the SI article - I am not claiming that getting educated will make pro players 100% immune to bankruptcy, I'm just saying it makes it less likely.

The fact that ND is ranked as one of the top places to go to school to get rich (#8 to be exact) independent of football, doesnt really hurt either.

I'm an ND Grad NFL player so I'm on a BOAT!