Students Are Taking Control of Financially Crippling Loans By Starting Their Own Sportsbook, Says PayPerHead
Student debt, the second highest consumer debt category in the United States, is causing crippling financial burden across the country. According to recent statistics, approximately 44 million Americans owe $1.5 trillion dollars in student loans. However, PayPerHead.com, the leading sportsbook software in the sportsbook industry, reports that recent graduates are taking matters into their own hands and starting their own sportsbooks to battle their debt.
After a 2019 internal report, PayPerHead.com discovered that their 25-34 age demographic had grown to account for 34% of their inbound site traffic. The company also cited that their 35-44 demographic had also grown to 22% over the past year.
“Students and recent grads are beginning to take hold of their future and creating a sportsbook business that can relinquish their student debts tremendously.”
A recent study from the University of North Carolina Wilmington showed that:
- 67% of college students bet on sports
- 30% of male athlete college students bet on sports
- 75% of college students gambled during the past year
- 41% of college students play the lottery
- 38% of college students play card games
On average, students graduate with approximately $37,172 in student debt and PayPerHead.com cites that many of their new agents have the potential of making up to $50,000 in their first year of creating their own sportsbook, having the potential to pay off their loans within their first year of becoming a per head agent.
“PayPerHead is thrilled to give young graduates and aspiring entrepreneurs a way to eliminate their crippling student debt and have the ability to create their own hours, be their own boss and begin an exciting new lifestyle,” said Johnson.