Panic reactions are nonsensical with this, I agree. It's always been simple math.
You want college football to happen like there was no pandemic, we don't have to fret or fuss, just play with the numbers.
70 scholarship players x 130 FBS teams = 9,100 players + other players, coaches, medical staff, etc. Plus FCS, Division II, Division III, NAIA, etc.
Let's stick to the smallest number - 9,100. If there's a 0.05% death rate, that's 46 players. Dead. Not 5%, one-half of a percent. Let's say these are young, stud athletes and it's "only" one-tenth of a percent that die...that's 9 dead players.
Is that worth it? We get our memories and stats and glory and 9 of the players die. Fair trade?