The number of student sugar babies in the United Kingdom reaches nearly 500,000
The value of an education is undeniable, but students aiming for first-class degrees have been overwhelmed in recent years by continuous tuition increases. Furthermore, new legislation now allows universities to raise fees annually until 2020. It’s easy to see why 475,320 students in the UK are seeking wealthy benefactors to help offset education costs—bringing the worldwide total to four million.
SeekingArrangement, the world’s largest Sugar Daddy dating site, releases today its annual findings on the Fastest Growing Sugar Baby Schools.
These are the universities in the UK where the most students registered for the website during 2018. Dropout rates for UK students have risen for the third year in a row.
Meanwhile students are struggling to find careers that are appropriate for their education and skill level, with over five percent of new graduates failing to gain employment within six months of graduating.
Sugar Baby students receive an average monthly allowance of £2910, which is double the potential amount one can earn working a part-time job at the national minimum wage.
“With little regard from the institutions of the student’s inability to pay increasing tuition and living costs in the UK, university students are being forced to find alternative methods to fund their educations. Young people understand the importance of a degree and want to achieve their educational goals, but they can no longer depend on traditional means to get through school.” – Brandon Wade, Founder and CEO of SeekingArrangement