1 et seq. ). (d) Employee status Nothing in this Act, or the amendments made by this Act, may be construed to affect the employment status of a student athlete who enters into an endorsement contract with respect to a covered athletic organization or an institution of higher education. 9. Sense of Congress It is the sense of Congress that— (1) institutions of higher education and covered athletic organizations should develop a course or program to assist student athletes with financial literacy with respect to entering into endorsement contracts