Hillman Interviewed by WalletHub for March Madness

WalletHub, a financial wellness and credit monitoring website, interviewed Professor Hillman for its "Ask the Experts: March Madness Musings" series.  A snippet of the interview, which can be found here, is below.  

Among these questions is "where do you stand on the issue of paying college athletes?"

First of all, I think college sports are more interesting because athletes are not paid. At the same time, there is a lot of money being made for a lot of people on the backs of athletes who are not paid. Let me put it this way, college athletes are already getting paid at big-time Division I institution in sports like football and basketball in violation of NCAA rules. Periodically, schools get caught and are punished. I think the easiest solution is to allow it to continue, let boosters write checks to attract talented athletes, but remove the rules against it. Nothing else has to change in this regard.