OUPride: You bring up some great points and I tend to agree with you on the main idea that something needs to be done about the students subsidizing athletics. One thing that you should note, is that the students subsidizing Athletics is going towards Athletics Scholarships. So in a sense the money you are talking about is going to making college more affordable for students. Obviously these students get the money based on physical talent and not classroom talent, but still a point worth noting.
One could say that but it really isn't true. Student fees, ticket sales, sponsorships, OBC donations, etc. collectively support athletics. From there, scholarships are funded, books are paid for, salaries are paid, etc. To say that student fees go specifically to scholarships is a "feel good" sales job but would never stand up to generally accepted accounting principals.