For young people, particularly young men, there are two prevalent forces in their lives: the spreading legality and popularity of online sports betting and their hefty student loans. With the resumption of student-loan payments, young adults are now turning to sports betting as a Hail Mary pass to tackle their debts.
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The TikTok generation turns to sports betting to chip away at student debt
“It’s a bigger thing for people, especially our age, who are feeling the effects of a heightened economy and having less money,” Regan said. “It seems like we’re kind of getting the short end of the stick.”
