With unemployment rates at an all-time high, and graduating college students finding themselves in substantial debt, a sugar daddy seems to be their only option to survive.
According to financial reports, many women passing through a system of higher education that fosters indebtedness are using the anonymity of the web to sell themselves “sexually” and pay down their college loans.
“Over the past few years, the number of college students using our site has exploded,” says Brandon Wade, the 41-year-old founder of Seeking Arrangement. Of the site's approximately 800,000 members, Wade estimates that 35 percent are students. “College students are one of the biggest segments of our sugar babies and the numbers are growing all the time.”[mashshare]