I'm very sure that the majority of those NBAer's that go bankrupt are the ones that didn't get their degree. I got nothing to back that up, just a hunch.
And as you get older going back for schooling gets much more difficult. Not that it's impossible, lots of people do it, but it is much more difficult when you have kids/wife and mortgage to pay...
I don't doubt that at all, our disconnect is why they went bankrupt. You're asserting that it's because they didn't get a degree, I'm asserting that it's cause they're dumb.
A college degree doesn't protect against stupidity. It just clarifies how many hours you spent and credits you amassed in a particular major in school. It doesn't mean you have a shred of common sense.
I'm willing to bet the thought process that led those NBAers to not stay in school and get their degree, is the same thought process they applied to losing all of their money.
I don't think a degree would have changed that.
Edit: took me forever to get to my 1,000th post. That shit cray? That shit cray.