You think about Alabama - a state in the bottom rungs of livibility, health, food need, poverty etc. - and this is the priority?
And lets not kid ourselves - a lot of players who "announce they are entering the portal" are being told by their coach, "hey, you're a good kid - but I don't see you starting for us at any point in the future."
After things settle down, I do think it will be ultimately good for all involved - it will spread the talent around a bit more, schools at the top will continue to get the best players, but they'll lose a lot of their depth and experience.