Things are not looking great for college students right now — at least, not financially. Rising tuition costs and scarce career opportunities in students’ fields of study are putting the squeeze on college students all over the United States, and according to SeekingArrangement.com, many are turning to an age-old trope to ease the financial burden: Sugar daddies.
Yup, you read that correctly.
SeekingArrangement.com (which includes the tagline “mutually beneficial relationships”) is the world’s largest Sugar Daddy dating site — or, at least, they said so in the press release they literally sent out to the media today.
According to the release, 2 million American students have attempted to take the edge off their loans by seeking a Sugar Daddy’s support. For those of you who do not know, a Sugar Daddy is traditionally defined as both “an older man who lavishes gifts on a young woman in return for her company and sexual favors” and an old-time candy bar served on a stick. This is a story about the former.
The SeekingArrangement website doesn’t mince words with its target audience. The website promises students of all backgrounds and income levels a chance to join — “no minimum GPA required.” The website includes a sign-up process for potential Sugar Babies looking for a Sugar Daddy — or Sugar Momma — to support them.
According to SeekingArrangement, the University of Minnesota ranks 16th on the list of “Fastest Growing Sugar Baby Schools” in the country and rising, up four spots since last year. A total of 542 University of Minnesota students are using the site, and that’s a 37 percent increase over last year’s total. At the top of the list is Arizona State University, with 352 new sign-ups in 2017 and a total of 1,361 students on the roster.
If you’re wondering why this is happening, you’re probably not a college student.
“With the average Sugar Baby receiving $2,800 in monthly allowances, it’s easy to see the allure of the Sugar Baby lifestyle,” Public Relations Manager Alexis Germany said. “For millions, this allowance is typically used to offset the financial burden of attending a university.”
If you’re currently using an arrangement to get through school, drop us a line. We would love to hear more from you.