I didn't read all of the comments, but have felt that room, board, tuition, books, + stipend was coming for a long time. Everyone's definition of small stipend is different, but mine is along the lines of the above plus $800 to $1000 per month. That should cover a cell phone bill, reasonable gas, eating out on weekends when cafeteria is closed, a few clothes when needed, and a movie on occasion, with a little left over.
I realize that not all programs can do that, but when the game breaks into super-conferences or whatever it's called, the schools included will be able to afford it, if they have smart managers. If they don't have smart money managers, then screw them, not the athletes.
This scenario is something that I've been considering for at least 15 years. It seems fair, for the amount of work the athletes put in and for the revenue they generate. The strong will survive, and the weak will go under. For every weak institution that goes down, another will be waiting to take that spot.
Your thoughts, as usual, are welcome.