More coeds seek 'sugar daddies' for tuition help

An online service says a growing number of students want 'mutually beneficial arrangements' with wealthy older men and women.

By Bruce Kennedy Jan 17, 2013 9:10AM

Image: Student in classroom (StockByte/PictureQuest)Is it a sign of changing financial and moral perspectives or just a depressing economic trend?


A website that specializes in helping wealthy men date younger women says more of those women are looking for a "sugar daddy" to help pay for their college tuition.


SeekingArrangement.com bills itself as a dating site "for those seeking mutually beneficial arrangements," such as a relationship between a sugar daddy and a willing partner.


According the website's founder and CEO, last year saw a significant rise in the number of college students looking for male companions to help pay for higher education.


The website says it has more than 2 million members worldwide. In 2011, 40% of the site's total population was reportedly composed of college students. After a 58% increase in student signups last year, that number rose to 44%.

 

The website says its college-aged member profiles receive three times more inquires from potential benefactors, and with the uncertain economy, it expects more college students to be signing up.


"An important social fabric is broken in our society (when) individuals are taught to fend for themselves once they turn 18," Brandon Wade, the website's founder & CEO, said in a press statement.


"We can no longer depend on our government or our parents for our education. In the absence of these important social support systems, it's no wonder more and more college students are relying on finding a sugar daddy or sugar mommy to pay for college."


Miesha Stafford, a student at Georgia State University -- No. 1 on the site's list of top 20 colleges with student member signups -- says she isn’t surprised that some of her classmates might participate. "School’s expensive," she told WXIA-TV in Atlanta. "And who wants to take all those loans out and be $20,000, $50,000 in debt after school?"


"Instead of having to choose between dropping out and getting a job . . . this is a viable option," a company spokeswoman told KNBC-TV Los Angeles. "You're paid to become a companion. And you're getting some business sense and contacts."


A 23-year-old college student in Los Angeles told KNBC she has no illusions about what's going on. "This is a business relationship," said the woman, who didn’t want her real name revealed and went by "Lyla."


The woman said she earned $3,000 a month during a recent relationship. "There are times I feel like it's not worth it," she said. "I feel like I'm losing my dignity each time I see a man. But it is worth it sometimes."


The company says it can determine whether new members are students if they open an account using a college or university email address that ends with ".edu." Using that metric, the company says it saw the fastest increase in new student members last year from the following schools:


1. Georgia State University, 292 signups (No. 11 in 2011)

2. New York University, 285 signups (No. 1 in 2011)

3. Temple University, 268 signups (No. 5 in 2011)

4. University of Central Florida, 221 signups (No. 14 in 2011)

5. University of Southern Florida, 212 signups (No. 7 in 2011)

6. Arizona State University, 204 signups (No. 8 in 2011)

7. Florida International University, 187 signups (No. 20 in 2011)

8. University of Georgia, 148 signups (No. 2 in 2011)

9. Indiana University, 131 signups (No. 17 in 2011)

10. Texas State, 128 signups

11. Kent State University, 123 signups (No. 15 in 2011)

12. Penn State, 121 signups (No. 13 in 2011)

13. University of North Texas, 112 signups

14. Florida State University, 111 signups

15.Tulane University, 109 signups (No. 4 in 2011)

16. Michigan State University, 108 signups (No. 9 in 2011)

17. University of Ohio, 103 signups

18. Columbia University, 100 signups

19. University of Alabama, 96 signups

20. University of California Los Angeles, 91 signups


More on Money Now

284Comments
Jan 17, 2013 12:57PM
avatar

When we glorify "college" and tell kids that it is the only way you can make a living, when employer's require degrees despite the person having the required skills and knowledge, we ask for these problems.

Kids go to school and possible grad-school leaving with anywhere from 20-100 thousand dollars of debt. Debt that can not be dissolved through bankruptcy. This debt hangs like a noose around their neck until they can finally get a job to start paying it down. Like the mortgage crisis, we can place some of the blame on the student for taking loans they can't repay, but don't we push them into schools, don't we tell them that it is the only way to get a high paying job, don't we tell them that it is for their own good?

We need more trade schools and colleges that are meant to educate students on how to make it after college with a job. Stop with this BS that you need to take all of the literature and humanities to make the student a well rounded individual. Those students are hostages to the degree process and they still aren't given the skill they need to succeed.

On a different note - do I feel bad that these kids are in a position that they feel this activity is required so they can afford college? - Definitely. Should it be changed? - Definitely. But until it is, don't judge these kids because we have no leg to stand on judging others and they are just trying to get by. 

Jan 17, 2013 12:53PM
avatar
I empathize with these girls. College tuition can put you in an obscene amount of debt and it's scary. You don't have to agree with it, but they're doing what they feel they have to do to protect themselves. What's their other option? Default on loans? Get evicted or starve because they can't pay for all their bills and something has to give?
Jan 17, 2013 12:44PM
avatar

A pathetic sign of the horrible morals and principles and general decline of our society.  What do these college kids think their parents did to get through college?  We worked, starved, struggled, and still had college to pay off after jobs.  I suppose the biggest difference between then and now is that there were actual jobs back in the day.  Still, our society has hit a new low.

Jan 17, 2013 12:24PM
avatar

I used to call it "babysitting""  I didn't have kids but getting an 18 year old girl for $20/hour is a really good deal...lol

Jan 17, 2013 12:20PM
avatar
Wouldn't republicans support this as it cuts down on all those student loans and other educational expenses dragging the government down.  Or are they having a moral crisis all of sudden?
avatar

This is why we need to come together and pray more then ever. If we focus on Jesus and less of this world we can become stronger spiritually. Dear heavenly Father I pray for our youth that feel they have to come to this for an education. Lord I pray that you give them strength and understanding of what they are doing to your temple. Build them up spiritually that they know to trust you and not themselves. Matthew 6:33 But seek first His Kingdom and His righteousness, and all these things will be given to you as well.

Lord I rebuke the devour in the name of Jesus for the enemy come to steal, kill and destroy. The enemy come to seek death for our youth, But Jesus came that we might have life. Father God I ask that you send your gardian angels to comfort those that are in need right now. I pray for our leaders who have a difficult challenge in this world.

John 6: 35-40  Then Jesus declared, " I am the bread of life. Whoever comes to me will never go hungry, and whoever believes in me will never be thirsty. But as I told you, you have seen me and still you do not believe. All those the Father gives me will come to me, and whoever come to me I will never drive away. For I  have come down from heaven not do my will but do the will of Him who sent me. And this is the will of Him who sent me, that I shall lose none of all those he has given me, but raise them up at the last day. For my Father's will is that everyone who looks to the Son and believes in Him shall have eternal life, and I will raise them up at the last day."

Jan 17, 2013 12:17PM
avatar
The colleges are "srewing" them with their over inflated tuition costs
Jan 17, 2013 12:12PM
avatar
This isn't "some new trend" ...it's just another version of the world's oldest profession....It's a shame that the degree they are getting by pimping themselves out isn't worth much more than the paper it's printed on....it really is becoming a "not who you know but who you blow world"
Jan 17, 2013 12:07PM
avatar
A Ho is a Ho even if she or he attends college....
Jan 17, 2013 12:05PM
avatar
What these little lazy-azz hussies need to do is what I did, WORK!  I had two part-time jobs & part time school.  I was exhausted but it had to be done and I did it with my dignity intact!  It's more satisfying knowing that in the tough times I can take care of myself and not have to "lose my dignity" when I need money!
Jan 17, 2013 12:03PM
avatar
It is no more prostitution than a woman picking a man to marry because he can give her a better home and life.  She may stick with him though she doesn't care for him.   Is that better?
Jan 17, 2013 12:01PM
avatar
I thought we had the right to do whatever we wanted to with our bodies.
Jan 17, 2013 12:00PM
avatar
I see nothing wrong here.  The old guy will live longer if getting sex and won't die from prostrate cancer.  The girl gets an education.  I bet she gets treated better than with a scumbag boyfriend.   
Jan 17, 2013 11:52AM
avatar

Most young kids cannot get laid and end up with video as their sex date. If you are not good looking or rich or pro at sex, you are no body.

 

It is back to old old time. Only rich and powerful get to have sex. Rest can watch or once in a while get lucky.

Jan 17, 2013 11:50AM
avatar
good for them!....Most guys just want sex, for free, so why not get paid!!
Jan 17, 2013 11:39AM
avatar

the truth is: sex for tuition.  you can use all the

euphemisms that you want in order to tone down

the connotations of "whore", but that's what it

really means.  hey, where did i put hugh heffner's

phone number?

Jan 17, 2013 11:26AM
avatar

Situation is not that limited or that simple.

 

Parent who popped champagne bottle at the birth of a childe tell him/her 18 and out. I have butt head with many parents for not training kids for that future for 18 years. Parent raise kids for social status or personal desire or their sexual affirmation.

 

Lots of kids come our on their own without knowing what they are up to and cannot meet their needs. So for education or just survival they hook up with some one who is financially somewhat better off and starts dysfunctional life, relationship experience.

 

By any other name this is socialized prostitution and there is no talk about it. This is at all level of society.

 

When I say people should be free to enjoy sex as they like but when making babies there should be no freedom. There should be license needed to prove that they have ability to train and raise kids. They have means to do so. People get mad at me and say I am crazy.

 

I am just realistic. I see what is there and not what I want to see.

Jan 17, 2013 11:20AM
avatar
A neighbor of mine was a sugar Daddy to a young girl, and she caused him a bunch of trouble.  She stole his credit card and checkbook then would bring over big fat black thugs and threaten his life if he called police. All the while telling him how much she loved him.  When she was finally arrested she had the added charge in Florida of Exploiting the elderly.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2013 Microsoft. All rights reserved.

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.

Trending NOW

What’s this?

About moneyNOW

MoneyNOW brings users smart, original and entertaining takes on the latest business and investing topics that are buzzing on the Web.

MARKET UPDATE

[BRIEFING.COM] Stocks entered the weekend on a mixed note as the S&P 500 shed 0.1% while the Dow ended with a gain of 0.1%.

The major averages began the day on a lower note as nine of ten sectors saw losses of more than 0.5%.

The consumer staples sector was the lone exception as the group spent the entire day in positive territory thanks to the relative strength of Dow component Procter & Gamble (PG 81.89, +3.19). The second-largest staple stock advanced ... More

MSN MONEY'S