Investment Watch reports:
As noted previously, we are in a new dark age where college does not pay. At $1.3 trillion, the student debt balance is not getting any smaller. Facing a lifetime of debt slavery, the millennial generation is doing whatever they can to avoid homelessness. Whether it’s stripping or working at Rent A Gent, all options are on the table. Now, they are flocking to Seeking Arrangement to prostitute themselves so they can pay for school. Since 2009, the number of student sugar babies has increased by 1,200%!
The labor force participation rate for college graduates has been on a relentless downtrend.
Interestingly, it’s not just women who are sugar babies, though they are the majority: “Facing enormous bills, they turn to sites like Seeking Arrangement for help. These aren’t just women either. 15% of student sugar babies are men, and plenty of sugar mommas are on the site too.”
More from Dr. Helen: