One can still stay at Stanford without having to graduate within four years. However, you have to petition for it and provide an “academic plan”…
Quote: 1) Provide your academic plan, in detail, in the worksheet below. For each quarter, list your anticipated courses, including course number, units, and reason for each course, e.g., major, General Education Requirement (GER), etc.
Basically, if you take longer than four years to graduate, the school wants to make sure you are on track.
However, the graduate transfer route (and to a lesser extent the transfer portal) have changed the value proposition. It used to be that if you were a redshirt junior, choices were to take a light academic year (or, for football, as little as one extra quarter) and graduate in 4+ years after playing your redshirt senior year or leave and start the rest of your life. Transferring for graduate school wasn’t a thing, because players had to sit out a year and their five year clock would expire. Now, the alternative is to graduate from Stanford with a degree, get into grad school somewhere else, and play somewhere else. At worst, you get a chance to start at a lower ranked school (if you were a marginal contributor), or play big time football (if you were a major contributor), without giving up a Stanford degree, and with the upshot of graduating with a masters.
BC