I just dont see this working out given how many schools are in play, how many players for each team, and the fact there's no centralized figure running point with this.
NBA is having such a tough time getting this going and we're talking about pros who are paid, 22 teams of 12-15 players a coaching staff that all are in a "bubble" in one place.
The NBA, mind you, is also America's leading professional league when you think of how in order the league is with internal affairs and even they are having an incredibly difficult time navigating this. The fact that they're having a tough time with this when Adam Silver is loved by most and the players union holding the most power out of all sports league gives me minimal hope that 5 power conferences, all with unique agendas and geography based challenges, can pull something similar off.
You compare that process to the shadow organization known as NCAA, 120+ D1 schools, FCS schools that are on the schedule, TV crews, traveling plans, hotels, etc. On top of all of this, I haven't heard one thing regarding how media companies are going to factor in here which certainly has to happen for these universities to even have a season. You take away fans from the stadium (even at a reduced number) thats significant loss of direct money from game day sales along with loss of community revenue (tailgating, bars around stadium, etc). While media outlets still will make money from broadcast revenue, I would have to think some of this needs to be routed back to schools to help make up for the loss of gameday revenue. When only 20ish (might be even lower) were breaking even or turning a profit, a very likely scneario exists where an AD or two says this isn;t worth it, we're cancelling the season. A handful of these reactions impacts schedules tremendously on top of the risk of teams getting this virus.
I think we are also overestimating how much of the public will actually want to go to these games.
Also of note, if Moos' requires masks in the stadium, does that mean the whole university gets $0 financial resources from the Fed GoV?