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Why 18 Is Old Enough to Vote, But Not Sign LOI

RCS

Top college football prospect Alex Collins spent Wednesday trying to track down his mother, who had intercepted his letter of intent to attend the University of Arkansas. (Apparently she did not want him to attend college far from home.) Colleges cannot accept commitments from players under 21 without the signature of a parent or guardian. Eventually Collins’ father signed the form, but aren’t 18-year-olds legally entitled to make their own decisions?

Yes and no. The legal age of majority in most states is 18. Reaching that milestone gives you the right to enter into legally binding contracts. If an 18-year-old signs an employment agreement and reneges, the jilted employer can collect damages. Employers do not, however, have to enter into a contract with an...

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