The creepy site helping KCL students find “Sugar Daddies” to fund their studies
A worrying number of KCL students are turning to SeekingArrangement to help pay their tuition fees
- 59 Sugar Babies at King’s College
- Sugar Daddies provide monthly allowances of £5,000
- Surge in sign-ups said to be caused by tuition fee hike
A pervy website matching rich businessmen with young, attractive women has revealed the top 20 UK universities with the highest sign-up rate – and King’s College has taken 17th place.
SeekingArrangement is a site promoting long term arrangements and weekend flings with Sugar Daddies who boast an average income of £170,000 per year.
The creepy site has reportedly attracted over a million new members by promising free premium membership to anybody signing up with a university email address – benefitting from the recent tuition fee hike.
The site claims to empower women
And now, a worrying amount of King’s students are signing up – a whopping 59 KCL students, who are disturbingly named “Sugar Babies” are fishing for “Sugar Daddies” on the site.
In exchange for a ‘relationship’, student subscribers can expect an average monthly allowance of £5,000, lavish gifts and extravagant holidays with their “mentor, sponsor or benefactor”.
Providing monthly allowances in excess of £6,000
Despite a survey revealing that 80% of matches on SeekingArrangement involve sex, founder Brandon Wade denies it is a form of prostitution but rather a “mutually beneficial arrangement”.
A member telling it like it is
But it’s hardly surprising – now that KCL students are facing with debts of up to £60,000 upon graduation, students are on the look out for ways of making extra cash quick.
Wade stresses that it’s the answer to students struggling with university loan repayments, particularly with the price hike to £9,000 in 2012.
He said: “We’re not only helping students achieve financial freedom, but also indirectly relieving the government from the burden of unpaid loans.”