Earlier last month, the “sugar-daddy” dating site SeekingArragement.com revealed a list of the “Top 20 Fastest Growing Sugar Baby Schools.”
According to the official site, the list below is based on the amount of new sign-ups in 2013.
The so called sugar-daddy-dating website SeekingArrangement.com this week revealed a list of “Top 20 Fastest Growing Sugar Baby Schools” and, surprisingly, USC, one of the most expensive universities in Southern California, isn’t number one; it made number eight.
According to the site, the list is based on the college affiliations of new signups- people looking for sugar daddies and, in its words, “unique ways to pay for college.”
SeekingArragement.com pointed out some interested stats in a press release that they use to explain why students are flocking to their site for extra cash:
In 2012, the average student loan debt was almost $30,000.
Only half of recent college grads landed a full-time job after graduation.
The cost of attending college is 60% higher than it was a decade ago.
Total federal grant aid went down by 9% from 2011 to 2012.
It went down another 1% from 2012 to 2013.
The company claims to be growing exponentially and that college students now account for over 42% of their sugar baby membership. The average college sugar baby makes about $3,000 per month in allowance and gifts from her sugar daddy. As an added incentive to join, SeekingArragement.com gives free premium memberships to students who register using their .edu email accounts.
“Why hope for financial aid when you can guarantee it with a Sugar Daddy?” says Brandon Wade, founder and CEO of SeekingArrangement.com. “Student loans lead to endless debt, which amounts to more than a new graduate can handle. Sugar Scholarships provide real solutions to the problem of student debts.”
Top 20 Fastest Growing Sugar Baby Schools of 2013
University of Central Florida
Arizona State University
New York University
Georgia State University
University of Colorado
Kent State University
University of Southern California
University of California, Davis
Texas State University
University of Georgia
Florida International University
University of South Florida
University of Arizona
University of California, Berkeley
University of New Mexico
Michigan State University
Louisiana State University
Now obviously, the first thought for most people that this is pretty much a prostitution site, but in an interview with Business Insider, a sugar baby said that this was not the case:
“The first thing people want to do is hang the term prostitution on this. And it’s not. I can tell you very truthfully that most of the men that I have met are not necessarily looking for sex, they’re looking for companionship. They’re looking for someone they feel is an equal, someone they can rely on, and who they can trust.”
So assuming that the above is indeed true, then is it right for college students to turn towards this type of service to help with their financial troubles? If not, is their someone to blame for not providing our students with the needed financial aid and scholarships to get a proper education? Make some noise in the comments below!