Sugar daddies: The new way to pay off college loans?

Facing massive student loans and poor job prospects, a growing number of coeds are apparently hunting for "sugar daddy" saviors

One site connecting young coeds to "sugar daddies" grew a reported 350 percent since 2007, and now advertises its arrangements as a way for students to pay off their debt.
(Image credit: Tetra Images/Corbis)

As the cost of college skyrockets, and students and recent graduates get buried under "piles of student debt and a job-scarce, lackluster economy," more and more of them are turning to "sugar daddies," says Amanda Fairbanks at The Huffington Post. Sites like SeekingArrangement.com, SeekingTuition.com, and SugarDaddyMeet.com allow young, mostly female students to post "sugar baby" profiles and hook up with a "sugar daddy" for "mutually beneficial relationships," which often involve a trade of money for companionship and sex. Is this a new way for today's 20-somethings to pay for college? Here, a brief guide:

Is this for real?

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