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Australian students are searching for sugar daddies to help pay their bills.

 

As many as 82,000 Australian university students have reportedly signed up to be “sugar babies” and fund their education through relationships with wealthy “sugar daddies”.

The mercenary dating site SeekingArrangement.com has released new figures on the number of “student” members in Australia, and say young women are using the service to offset the costs of university.

The company calls it a “Sugar Baby Scholarship” and offers students, who sign up from their university email accounts, free membership on the site.

“College Sugar Babies receive an average $3,000 per month allowances and gifts from Sugar Daddies,” Seeking Arrangement claims on their website.

The company says in Australia, around 36 per cent of what sugar babies earn is spent on tuition, 23 per cent on rent and the rest on various other expenses.

A breakdown of how Australian sugar babies are spending their cash.

What you “earn” as a sugar baby is up to you and your sugar daddy to determine, apparently.

“Lola” told News Corp that she had earned around $75,000 from her sugar daddy since finding him on the site about a year ago.

A 19-year-old student at Curtin University in Perth, Lola is seeing a 51-year-old consultant, and said she is very happy with their mutually beneficial arrangement.

“You wouldn’t be in it if you didn’t want something out of it, so you can’t complain about a guy wanting something, because you’re also wanting something,” she said.

“You have to give him the love or companionship, anything he’s after.”

The company claims to be helping students out at a time when the Federal Government is seeking to uncap university tuition, although that legislation is currently on hold, and unlikely to go ahead anytime soon.

“A Sugar Daddy is a great alternative to accumulating crippling debt, allowing Sugar Babies to graduate debt free,” Brandon Wade the founder and CEO of SeekingArrangement.com says.

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“Some see this as a controversial solution. In reality, SeekingArrangement.com has helped faciliate connections that will foster the futures of young women, and even some men,” he said.

“That’s more than anyone can say of the Commonwealth Government.”

While the company claims sugar babies internationally are earning $3000 a month, it also says in Australia the average is $2600. That’s roughly $31,000 a year — but sugar babies say they can earn far more.

Seeking Arrangement has released a list of the universities that had the most sign ups in 2015, and at the top of the list is the University of Sydney.

SBU-Infographic-2016_AUS unis
Source: SeekingArrangement.com

Students who sign up are typically between 21 and 27 year -old, and the company says, come predominately from upper and middle class backgrounds.

The company is pushing the university angle hard, probably because where else do you reliably find young, intelligent women in need of extra cash?

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