You forgot some things.
Get a degree so you can do something with your life after you're done with basketball (especially if you get injured)
Meet and socialize with a broad group of lifelong friends your own age
Gain maturity in a structured environment and strong support system
Jeff Sagarin's site does take recent games into account. His rating that emphasizes recent games with more importance has IL at 9th. His overall rating has IL at 20th.
Live in Chicago in...Bucktown, of course. Grew up in Southern Illinois part of the original South Seven. Lucky to sit in Krush (I think we spelled it with a “C”) on the floor at the free throw line for the 1988-89 season.
Because there is more to life than college athletics, and there is more to learn from college athletics than winning at all costs. There are rules and if you agree to be abide by those rules you should. That is the moral reason. Just because others cheat doesn't mean we should. Didn't we...