But even if they manage to complete their four years of eligibility, most are still quite uneducated and unprepared for the real world. So if they don't make it as a pro, they're screwed. Bankrupt, uneducated, and just another person on gov. system and/or into crime.
But this is actually a case of a blind squirrel finding an acorn. College basketball is little more than an uncompensated farm team system for the NBA, at least when you get to teams that consistently make the sweet sixteen.
There is some excitement involved when a 6'1" player makes a three pointer. There is none when an 7'6" player does a lay-up.
“...most of these kids are in no way academically qualified for college....
Not so at Duke. They must be academically qualified to enter the university and maintain their grades once enrolled. That has always been a problem for Duke, Vanderbilt and other such schools. It is difficult to get top drawer recruits in basketball and football that can be enrolled.
State universities such as Wisconsin have lower entry requirements.