LAS VEGAS (KTNV) — What would you be willing to do to pay off your student loans?
Seeking.com recently released statistics that show UNLV ranks 8th for sugar baby arrangements.
In the US, more than 42 million Americans have student loan debt and the average debt per student has risen by 5 percent in 2018 to nearly $40,000.
As tuition prices and the national student loan debt increase, so do the number of college sugar babies.
Sugar babies are those students, male or female, that seek financial arrangements with older financially wealthy partners.
"The cost of living and tuition, that's going to factor into it," noted Michelle Bland, a UNLV law student who's aware of the trend. "I've also heard that on the East Coast, because the universities are more expensive, there are more sugar babies, so I actually would not think that there would be a lot here," she said.
According to the report, Georgia State University has the most sugar babies of any U.S. campus. UCF, Alabama, Florida State and the University of Florida round out the top five. Rutgers comes in at six, followed by California State University, Fullerton. After UNLV's eighth place spot come the University of North Texas, and the University of Missouri takes tenth.
Whether you approve of this craze or not, scammers lurking online have taken notice. According to the ABC affiliate in Nashville, a college student there just got ripped off by a fraudster on Twitter. She's out $5,000 when he sent her two fake checks online.