More than 1,000 'sugar babies' registered at the University of Texas, according to report

AUSTIN, Texas (KEYE) - Out of the top 100 colleges and universities with the most "sugar babies," eight are in Texas.

SeekingArrangment, a site dedicated to matching "sugar daddies" with a sugar baby, says college students are joining in an effort to pay down student debt.

Wikipedia defines sugar baby as "a person who receives cash, gifts or other financial and material benefits in exchange for company. It usually includes sex or intimacy. The paying partner is typically wealthier and older."

The University of Texas came in at #14 with 1,118 registered sugar babies, topping the state. Nearby Texas State has 945.

Overall, Arizona State has the most registered sugar babies with 2,724.

To read the full report, click here.