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The Federal Reserve Bank of New York’s quarterly report on debt recently found that delinquency rates for student loans are on the rise, with 11.2 percent of borrowers more than 90 days past due, compared with 9.5 percent of student loan borrowers during the same quarter in 2009.
Further, between the first quarter of 1999 and the first quarter of 2011, student loan debt increased by a whopping 511 percent, with borrowers under the age of 30 bearing the biggest financial brunt.
The clock is ticking and Kirk knows that he won’t be young and gorgeous forever.
Whenever possible, he tries to avoid having sex with supposedly straight, married men looking for a “discreet” hook-up.
“I don’t want to feel objectified because of an exchange of money for sex.
But the average age of most of the men is 50 -- or older -- and they are gray-haired and balding.
Most have a tubby roll of flesh around their midsections.
Kirk nearly divulged his secret to the loan officer, finally letting her know exactly what he had resorted to in a desperate attempt to finance his education.
Midway through college, Kirk had begun turning tricks in order to pay for school.I want to feel equal and empowered, but I’m also really explicit that I’m just there for the money,” says Kirk, who estimates that he’s received money for having sex with more than 100 men in the last few years.Kirk acknowledges that he’s benefited from the largesse of his various encounters.But the willingness to date for money is not limited to beleaguered young women struggling to pay off debt.An increasing number of gay male students have also taken to the web in the past several years searching for wealthy benefactors.Kirk is hardly alone in his decision to sell sex in order to pay for school.Tags: Adult Dating, affair dating, sex dating