Site Registration | Find a Copy | Event Calendar | Site Map
The Voice of the Black Community
My business story

We’re in the business of telling the Queen City story with an African-American perspective.www.thecharlottepost.com

Posted by The Charlotte Post on Monday, March 7, 2016

Life and Religion

More students sign up for sugar daddies to pay for college
As debt rises, hunt is on for benefactors
Published Saturday, January 21, 2017 8:42 am
by Herbert L. White

More college students are turning into sugar babies to pay for school.

With $1.3 trillion in U.S. student debt, more are going the non-traditional route by arranging relationships with wealthy benefactors called sugar daddies or sugar mamas who pay a monthly allowance for companionship.

There are an estimated 16 million college students in the U.S. who carry an average debt of $37,172. Sixty percent of college graduate are burdened by student debt.

“While it’s easy to get lost in the numbers, the truth is we have an epidemic on our hands,” says Brandon Wade, founder and CEO of SeekingArrangement.com, a sugar baby dating website that claims 1.2 million registered users. “Students are tired of hearing politicians’ hyperbole about what they might do to resolve the student debt crisis. They’re taking matters into their own hands.”

SeekingArrangement.com recently released its list of the 20 fastest-growing schools for sugar babies. Temple University in Philadelphia leads the class with 1,068 students, including 296 new applicants. Howard University in Washington, D.C., is the only historically black school in the top 20 at No. 18 with 225 students, including 79 newcomers in 2016.

No Carolinas schools are in the top 20, but UNC Charlotte is 39th with 211 students on the sugar daddy dating site, a 28 percent increase from the previous year with 50 new registrants. On average, UNCC students graduated with $27,267 in debt last year, often cited by students as the reason they’re turning to the sugar baby lifestyle.

The average sugar baby earns an average monthly allowance of $2,400.

The average cost of tuition at public four-year institutions rose by 9 percent between 2011-17 and 43 million Americans have student debt. An estimated 20.5 million students that attended U.S. colleges as of fall 2016.


Leave a Comment

Send this page to a friend

Upcoming Events

read all

Art & Music Workshops by Guerilla Poets

Art & Music Workshops by Guerilla Poets 11am


Hammonds House Museum Launches 30th Anniversary Season with Carrie Mae Weems Exhibition

Hammonds House Museum launches its 30th


Shamrock'n The Village

Bringing Back last years St. Patrick's day party

Latest News

read all

March 22 forum tackles issues of race and criminal justice system

Conference includes judges, law enforcement

Charlotte Independence open fast with 4-1 result vs. Ottawa

Jacks win season opener for first time

Restrictions to Asheville police beating video raises concerns

Court order required to release images in NC