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June

One in five students turns to gambling to resolve money worries

12 June 13

According to a new national student money survey, nearly 80% of current university students are worried about having enough money to live and worryingly one in five students have turned to gambling as a way to make money and address money concerns.

The nationwide survey, carried out by Save the Student on 2,332 undergraduate students, also revealed that the associated stress appears to be having a knock-on effect on broader student welfare too, with over one-half of those surveyed claiming that money issues affect their academic studies and more than two-thirds admitting that their diet suffers due to a lack of money.

Commenting on the survey, Debbie Forsey, Money Management Adviser in the Students’ Union Advice Centre said “This survey is reflective of the increasing financial difficulties Queen’s students have been seeking our help with this academic year. We too are seeing rising numbers of students who have resorted to gambling in an attempt to find a quick fix to their financial problems”

Debbie goes on to explain that, for many, gambling is not restricted to the odd flutter on the Grand National. “We have seen a significant number of students this year who are gambling at levels which gives us concern that gambling addiction amongst students is on the rise.”  Debbie is keen to remind students that confidential advice and information is available from the Students’ Union Advice Centre and encourages anyone worried about money issues to get in touch for a confidential chat.

She also advises the following for anyone concerned about their gambling habits. “People don’t start out as problem gamblers, but somewhere along the way it begins to cause problems. If you think there’s a problem, the chances are there is one”. Warning signs may include mood and personality changes, missing classes or academic deadlines, bouts of anger, wanting to stop but thinking it’s too hard, lying about winnings, betting more to win back loses and feeling bad about gambling”

Debbie would encourage any student  who recognises these signs, or feels they may have an issue with gambling, to seek further advice and support. She  would recommend the Big Deal website as an excellent resource.

“This has been designed by the gambling support organisation GamCarespecifically for young people who want to find out a little bit more about gambling issues, whether it’s for themselves or someone they know. And off course, the University’s Counselling Service  is also here for student who would like to talk about any issues in a confidential, non-judgmental and supportive environment.”

Read the findings of the National Student Money survey in full.