At least in the NFL, even the lowliest players get paid a good salary. I really don't know how anyone thinks college football, as currently structured, is defensible. The players are exploited, all money goes to coaches and administration, and few of the players ever manage to collect that NFL paycheck. Even without the health risks it would horrible, but with the risks it should definitely be abolished in its current form.
Chuck Todd spends his fall Saturdays tweeting about college football.