An Alternative Method Of Financial Aid

January 27, 2017 in Daily Bulletin

We’ve previously covered Seeking Arrangement, a website that allows college students to find “sugar daddies” that’ll give them money in exchange for companionship and sex. Ivana Hrynkiw wrote about the website’s latest figures:

  • 1.2 million students registered for the service in 2016.
  • Temple University and New York University – in pricey Philadelphia and Manhattan respectively – saw the greatest growth in student signups.
  • The website argues that it helps students graduate without taking on student debt.
  • Those who have a .edu email address can sign up for free.
  • The average “sugar baby” earns $2,440 a month.
  • 39% of the money is spent on tuition. 30% on housing. 21% on textbooks.

Read more on Al.

Via: Marginal Revolution