University of Texas tops list of students with ‘sugar daddies’

Resourceful female students are cashing in on mature gentlemen with a little extra cash to handle their student loans and expenses, according to the website SeekingArrangement.com, which connects “sugar daddys” to the “sugar babies.” Here are the top 20 schools with participating students in 2014. less Resourceful female students are cashing in on mature gentlemen with a little extra cash to handle their student loans and expenses, according to the website SeekingArrangement.com, which connects “sugar ... more Photo: 2014 Don Juan Moore Photo: 2014 Don Juan Moore Image 1 of / 50 Caption Close University of Texas tops list of students with ‘sugar daddies’ 1 / 50 Back to Gallery

Are you trying to get through school but the thought of hefty student loan debt haunts your nightmares?

Well there isn’t an app for that (yet) but website SeekingArrangement.com offers a chance to turn to your nearest benefactor, or “sugar daddy,” for assistance in paying your way through college.

The Daily Mail reports more students are turning to sugar daddies — or sugar mamas — to get through college.

The sugar daddy site reported 425 new University of Texas students signed up in 2014, the most of any school.

The University of Houston also came in at No. 42 with 65 new signups, a 25 percent increase, while Texas State came in at 26 and North Texas at 31.

That sounds like a lot of people, right? But of the school’s more than 39,979 students, that’s about 2 percent of the student body, according to Jezebel.

A total of 1.4 million students turned to the website in search of benefactors in 2014, a 42 percent increase for the site year over year.

Basically, users get the chance to create online profiles and connect with potential sugar daddies for dates and the chance to receive funds for school.

Some students who have signed up for the program —sugar babies — have reported receiving $3,000 a month in funds after striking up good connections with an older man.

A news release stated 60 percent of the 21 million students who graduated in the fall of 2014 will have an average student loan debt of about $27,300.

CEO and founder Brandon Wade said his site is solving an issue ignored by the government.

“While other countries seek to create opportunity and provide a better start for students by abolishing tuition fees or lowering them to reasonable amounts, Congress continues to ignore the problem. The average debt is more than what most of these new graduates will make in a year,” Wade said in the press release.

Scroll through the slideshow above to see which school's made the Top 20 list. You'll also get a quick peek at what the website claims is part of a sugar baby’s vocabulary.

What about you, would you ever consider participating in such an arrangement?

twhite@mysa.com

Twitter: @tylerlwhite