You can say it's a good thing for the kids if you want (it's not in the long run) but you're going to have a product that will no longer differentiate itself from professional sports and it's going to be really tough to compete against those entities.
Also, the "regular student" thing is a ********* argument. Regular students aren't getting full rides and more to be there. They are paying.
At this trajectory and based on where my interest in sports has been going, I can't really imagine I'll be very interested at all in 5 years. That's likely just me, but for some reason that I can't really explain, it just isn't a big deal to me anymore. It probably has to do more with my life changing but watching ISU have Tyrese Hunter here and lose him due to rule changes isn't going to bring fans in, that's for sure. I'm all for NIL, but the transfer rules are the step to far. That's what really unlocks the free agent pay-for-play model.