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College Students Using ‘Sugar Daddies’ to Pay Off Loan Debt

Posted on August 2, 2011

Sugardaddy seekingarrangement HUFFINGTON POST – July 29 – Saddled with piles of student debt and a job-scarce, lackluster economy, current college students and recent graduates are selling themselves to pursue a diploma or pay down their loans. "Over the past few years, the number of college students using our site has exploded," says Brandon Wade, founder of SeekingArrangement.com. Of the site's ~800K members, Wade estimates that 35% are students. Wade rewards students who use a .edu email address to register on Seeking Arrangement by automatically upgrading their free, basic membership to a premium membership, allowing them to send unlimited free messages and granting them exclusive access to the site's cadre of VIP sugar daddies. Married men account for ~40% of the site's sugar daddies. Sugar babies outnumber sugar daddies by a ratio of nearly 10 to 1. Noel Biderman, founder and CEO of Avid Life Media, runs a number of arrangement-seeking sites. On one such site, EstablishedMen.com, Biderman estimates that 47% of its 1.3M members are women currently enrolled in college. And on ArrangementSeekers.com, he says 31% of its 387,000 members are female college students.

by Amanda M. Fairbanks
See full article at Huffington Post

See all posts on SeekingArrangement
See all posts on EstablishedMen

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2 thoughts on “College Students Using ‘Sugar Daddies’ to Pay Off Loan Debt”

  1. juriS's avatar juriS says:
    August 4, 2011 at 4:55 am

    This is a prof that we are still in hard times.Education loan debt is a distressing fact of life for scores of young 20-somethings in the U.S. But some women and men see a debt escape path that a new form of online dating makes easily available. According to The Huffington Post, websites like Seeking Arrangement make it simple for such students to market themselves to rich, older partners as “sugar babies”. Wanna know more?I found this here: College sugar babies solicit funds to fight student loan debt

    Reply
  2. juriS's avatar juriS says:
    August 4, 2011 at 4:55 am

    This is a prof that we are still in hard times.Education loan debt is a distressing fact of life for scores of young 20-somethings in the U.S. But some women and men see a debt escape path that a new form of online dating makes easily available. According to The Huffington Post, websites like Seeking Arrangement make it simple for such students to market themselves to rich, older partners as “sugar babies”. Wanna know more?I found this here: College sugar babies solicit funds to fight student loan debt

    Reply

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