Many parents are trying to live the dream through their sons and daughters – the dream of landing a college athletic scholarship by specializing in a sport year-round. Unfortunately, most of these dreams are never realized.

The odds of a sports scholarship paying for even a portion of a student’s college education are miniscule.

The College Board, a not-for-profit organization comprised of 6,000 of the world’s leading educational institutions, reports that a moderate cost for college students who attend a public university in their state of residence is $25,290 per year. The annual cost at a private college averages $50,900.

Meanwhile, the most recent data from the NCAA reveals that the average Division I athletic scholarship is worth only $10,400. More significantly, the same study shows that fewer than two percent of all high school athletes (1 in 54) ever wear the uniform of an NCAA Division I school.

Even if the dream is realized, parents likely will spend more money for club sports than they ever regain through college athletic scholarships. Thanks to the costs of club fees, equipment, summer camps, playing in out-of-state tournaments and private coaching, youth sports has become a $15 billion-per-year industry.