Here are a few points:
* Changes, in anything, are seldom as bad or as good as people predict.
* Each school still only has X number of scholarships per sport. Everybody can't go to Alabama.
* I believe the OP has a valid point. Take JoBo, for instance, in basketball. He would have done quite well with NIL at Iowa. At Wisconsin? At USC? At Illinois? For many kids, staying home would give them their best shot at maximizing NIL.
* Why would anyone think they had a better chance to make the NFL by going to Alabama, Clemson, Notre Dame, USC, Michigan, etc., than Iowa? The facts do not support that proposition at all. In reality, if you have NFL talent, with a few exceptions of course, the NFL will find you no matter where you are. Western Michigan has had wide receivers, for example, taken in the first round.
* Grantland Rice, the legendary sportswriter, wrote a cover story for Sport magazine almost 100 years ago that said money would ruin college football.
* Things change, but most things keep on going.