The website said New York University had the most women seeking "alternative financial aid" in 2015, followed by Arizona State University, University of Texas-Austin, Temple University and Kent State University.
"We are in a state of emergency, but it isn't due to terrorism. The $1.2 trillion college debt crisis is crippling our economy -- and no one is doing anything about it," said Brandon Wade, founder and CEO of SeekingArrangement. "Instead of earning a living and making milestone purchases post-graduation, many are stuck sending their paychecks straight to Sallie Mae."
"Some see this as a controversial solution. However, SeekingArrangement.com has helped facilitate hundreds of thousands, if not millions, of arrangements that have helped students graduate debt-free," Wade said. "That's more than anyone can say of a particular president or Congress."
SeekingArrangement insists it is not an escort service -- it is a dating website where the men give average $3,000 monthly allowances to their "dates." The website allows each "Sugar Daddy" to have up to four "Sugar Babies" in "no strings attached" relationships at a time.
The website said the "Sugar Babies" are not required to have sex with the men who take them out.
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