TOP News

Health & Fit: 'Stupidity on steroids': Dave Ramsey blasts US colleges for promoting online gambling to students — and reaping millions in fees. Why young people are the perfect prey

Top doctor slams University of Minnesota medical school for 'abandoning the Hippocratic oath'

  Top doctor slams University of Minnesota medical school for 'abandoning the Hippocratic oath' University of Minnesota students recited an oath promising to 'uproot the legacy and perpetuation of structural violence deeply embedded within the healthcare system'.The University of Minnesota medical school's class of 2026 recited an oath which also promised to 'uproot the legacy and perpetuation of structural violence deeply embedded within the healthcare system'.

Sports betting is surging across America — with flashy ads and easily accessible apps encouraging wagers both at home and in stadiums — and has slinked its way over to several college campuses as well.

Dave Ramsey blasts US universities © The Ramsey Show - Highlights / YouTube Dave Ramsey blasts US universities

Disclaimer: We adhere to strict standards of editorial integrity to help you make decisions with confidence. All links marked with an asterisk ( * ) are paid links.

The New York Times recently uncovered that at least eight universities have partnered with online sports-betting companies, while at least a dozen athletic departments and booster clubs have signed agreements with brick-and-mortar casinos.

Where do restaurant “service fees” really go?

  Where do restaurant “service fees” really go? Service charges are making dining out more expensive, but that doesn’t mean your server sees that cash.On the surface, service fees can be well-intentioned. They’re born out of a desire to fix what’s long been considered a broken American tradition of paying servers in tips. Increasingly, they’re also a means for restaurants to survive what’s seemed like one onslaught after another.

Personal finance author and radio host Dave Ramsey lambasted the institutions on The Ramsey Show, calling the practice "stupidity on steroids."

“You freakin’ idiots … Selling out your own students who you’re supposed to be caring for,” said Ramsey. “The No. 2 addiction in North America today — and fastest growing addiction in North America today — is online gambling. It starts with the sports betting as a gateway drug.”

The National Council on Problem Gambling (NCPG) says researchers estimate about three-quarters of college students gambled in the past year, and 6% have a gambling problem.

Don't miss

  • The average home insurance policy is nearly 40% higher than it was 12 years ago — compare rates with Smart Financial* and spend less on peace of mind
  • Looking for consistent returns? You could be the landlord of Walmart, Whole Foods and CVS through First National Realty Partners* (and collect income every quarter)
  • Here are 3 easy money moves to boost your bank account this weekend

More accessibility means students are more susceptible to problem gambling

In 2018, the Supreme Court overturned a decision that limited sports betting to Nevada — and now 31 states and Washington, D.C. have legalized online or in-person betting, while five more have passed laws that will allow for it in the future.

Parallel Learning Review - Is It Worth It For Learning Differences, Evaluation, & More?

  Parallel Learning Review - Is It Worth It For Learning Differences, Evaluation, & More? Home › Mental Health › Parallel Learning Review Rating: 4.7 / 5  4.7/5 Having a child with a learning difference is an adventure. You are constantly looking for the best special education programs to help your child. Unfortunately, far too many fly-by-night programs pop up on the internet. These programs make big promises, but Read moreResearch supports that online programs can greatly aid children with learning differences. A 2019 study found that web-based interventions can help to reduce symptoms in children with neurodeveopmental disorders, while another recent study found that children with dyslexia greatly improved their reading after working with an online educational platform.

The relaxation in rules has apparently extended over to higher education institutions as well of late — online betting company Caesars Sportsbook struck a whopping $8.4 million dollar deal with Michigan State University last year, reports The New York Times.

And the University of Colorado Boulder reportedly collects $30 every time someone uses the university’s promotional code to download the PointsBet gambling app and starts betting.

The partnerships have helped many athletic departments score back some lost revenue from the COVID-19 pandemic.

However, the colleges have also received criticism for promoting gambling to young adults — some of whom may not even be of legal betting age (ranges from 18 to 21 depending on the state) or who are already burdened with sky-high student debt and have yet to receive relief.

“We believe that the risks for gambling addiction overall have grown 30% from 2018 to 2021, with the risk concentrated among young males 18 to 24 who are sports bettors,” said Keith Whyte, executive director of the NCPG, in an interview.

Here's everything you need to know about the historic $1.9 billion Powerball drawing

  Here's everything you need to know about the historic $1.9 billion Powerball drawing One lucky winner may soon win a $1.9 billion Powerball prize, the largest in US history.The pot swelled to a staggering $1.9 billion, with a cash value of $929.1 millon, the largest in US history, Powerball announced after a Saturday drawing resulted in no winners. The next drawing is set for Monday at 10:59 p.m. ET.

Whyte has also said that his organization believes the growth of online gambling, including sports betting, has exacerbated the severity and rate of gambling problems, citing a 45% increase in gambling hotline calls and a 100% increase in text and chat communications in the first year after the Supreme Court decision.

The American Gaming Association actually discourages promoting or advertising sports betting on college campuses in its Responsible Marketing Code for Sports Wagering.

Ramsey — who has previously criticized colleges for teaming up with credit card companies — says this new phenomenon is “way worse”, dubbing it “stupidity on steroids.”

What are the risks of a gambling addiction?

Some school-sponsored websites may either downplay the risks of losing or provide incentives such as free bets. But there are plenty of financial risks — especially if students develop a gambling addiction.

There aren’t any visible effects of a gambling addiction, compared with drugs or alcohol, but there are still some major red flags you can look out for, says Diana Gabriele, a gambling counselor at Hôtel-Dieu Grace Healthcare in Windsor, Ont. in Canada.

Should You Be Tipping More When Restaurants Reopen?

  Should You Be Tipping More When Restaurants Reopen? If you're lucky enough to be able to afford a night out at a restaurant right now, here's what an etiquette expert has to say about whether you should up your tipping game. The post Should You Be Tipping More When Restaurants Reopen? appeared first on Reader's Digest.Now, as states have started to open up, restaurants have reopened for takeout, delivery, and even in-house dining in some places. Plenty of establishments have outdoor-only dining still, but it's still a step in the direction of pre-pandemic life. However, restaurant dining isn't going back to normal yet. In fact, here are some of the ways your favorite restaurant will change post-pandemic.

Spending more money than you initially intended to or siphoning money from other sources to fund your habit is the number-one indicator, she says. Another concerning sign is if your habit starts to impact other aspects of your life, like jeopardizing your significant relationships, career opportunities or education.

Read more: 10 best investing apps for 'once-in-a-generation' opportunities (even if you're a beginner)

Setting firm limits on how much and how often you gamble can help keep you from sliding into risky behaviors. The Canadian Centre on Substance Use and Addiction recommends that you bet no more than 1% of your household income before tax per month, and to restrict yourself to gambling no more than four days a month.

An addict may also find their problem has gotten so big that they can’t cover basic expenses, like their mortgage or rent payments.

The average debt generated by a man addicted to gambling is between $55,000 and $90,000, while women average around $15,000, reports Debt.org.

What can you do to get help?

Experts have concerns that universities may not have enough resources to help students identify or deal with a gambling addiction.

“I don’t see any significant programs put in place — prior to the deal, or part of the deal, or after the deal,” Whyte told The New York Times.

TWENTY-FIVE elementary school students suffered 'food poisoning' after field trip

  TWENTY-FIVE elementary school students suffered 'food poisoning' after field trip First responders rushed to the Zuni Hills Elementary School, in Peoria, Arizona, after 25 students started vomiting and falling ill following a field trip to Uptown Alley in Surprise.Zuni Hills Elementary School officials said 25 sixth-graders reported being sick after returning to their Peoria campus following a visit to Uptown Alley, a bowling alley in nearby Surprise, Arizona Central reports.

However, the NCPG features a list of treatment centers, self-help tools and helplines by state as a starting point for people seeking help.

When it comes to regaining your financial wellbeing, you may also want to speak to a professional.

Mike Bergeron, a certified credit counselor at Credit Canada, says depending on the severity of your debt, you may want to consider everything from debt consolidation or refinancing your mortgage to filing a consumer proposal or declaring bankruptcy.

You can work with a counselor to create an action plan to live within your means and work on reducing your debt load. For some in the early days of recovery, it might be easier to take some of the decision-making out of their hands and limit their access to money by naming a financial trustee.

What to read next

  • You might have to pay 16% more for car insurance in 2023 — try this free service to get a better deal*
  • 'Hold onto your money': Jeff Bezos issued a financial warning, says you might want to rethink buying a 'new automobile, refrigerator, or whatever' — here are 3 better recession-proof buys
  • Better than NFTs: You don't have to be ultra-rich to own a piece of a Pablo Picasso. Here's how to enter the fine art market

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

Protocols to stop mass school shootings are spreading. Are students' right being violated? .
Behavioral threat assessments are spreading to help stop mass school shootings, but advocates say they are used to remove students who pose no danger.Born with a traumatic brain injury, he had been diagnosed in kindergarten with a serious emotional disability and severe ADHD. Stuck at home during the early months of the pandemic, his mental health declined.

See also