Don't discount that the SEC, B1G, all the major conferences are making pretty good TV revenue. It's a decent revenue stream for some schools.
Sadly, the schools that will be hurt, smaller and less TV blessed, haven't gotten big TV checks for years and are likely to lose the chance to change athlete's lives with a scholarship, hard work, and great memories.
If the schools can somehow walk off from TV, the fans can see this is for the best, the coaching salaries and facilities can reflect what a school might reasonably pay, etc........we might have a chance.
Getting people to voluntarily walk off from millions and millions of dollars isn't likely, though.