[Mendacious]

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Student loans are a scary thing. The schools and loan companies make it ridiculously easy for students to borrow large sums of money-- often much more than they need or can repay. And, most students simply have no real concept of how difficult it can be to repay the $100k+ they are able to borrow. I am not sure how the gambling community should address this, but it is all too obvious that a HUGE percentage of the online gambling occurring is done by "kids" in college, and obviously a good number of them receive federal loans.

Personally I would consider making it a term of the Federally guaranteed loan agreements that the borrower not engage in online gambling subject to some pretty harsh if not criminal penalties for violating this agreement. And I would extend that until the person begins repayment of the loans.

It is incredibly immoral and harmful to society for anyone to convert a program which is not only intended for one's own, but future generations education to bankroll their gambling.


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It is people like YOU that are the precise reason why the UIGEA was formulated, prohibition of alcohol was attempted, etc,. etc.

It should not be the government's role to be a nanny state. We all should be responsible for own actions.




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You sound like one of those morons that thinks that thinks that the First Amendment applies to non-governmental censorship. There is a huge difference between prohibition, entitlement and a loan contract.

Let me be clear, I am practically libertarian as far as governmental interference is concerned. But what you have here is the Goverment through its power to tax setting up a program to benefit society as a whole by making education available to those who otherwise could not afford it.

Using student loans to gamble is indefenseable. You want to gamble, fine, just don't do it with tax-payer money earmarked for education. Using this money for gambling is tantamount to fraud, and is no different than misappropriating any other type of funding-- for which there are criminal consequences. It has nothing to do with being a Nanny state, or being responsible for oneself. It is about misappropriating money and putting a program at risk that is for the education of others.

Not only does the government have EVERY right to take steps to see that the money it is lending for education gets USED for education, in the face of evidence that it is NOT being used for education, it has a responsibility to protect the taxpayers and the future generations that this program is intended to benefit.

Frankly, gambling with borrowed money where the lender believes the money is being lent for some other purpose is about as unethical as it gets. I don't think anyone at 2+2, which is a site for responsible gamblers, should be condoning it.

You can quibble all you want about whether the Gov. can realistically police this, (and I might agree) but don't try to pass off gambling with the Gov.s' education loans as something that the Gov. has no business interfering with.