Huffington Post published an article about college students who use ‘Sugar Daddies’ in order to pay off their college debt. There’s even a website to facilitate intergenerational hookups. The deeply untrustworthy sources for the story claim that 35% of the site’s 800,000 members identify themselves as students. Those who enter an .edu email address to gain access to the site are upgraded to premium membership free of charge.The lowlife founder of the misbegotten site babbles defensively about promoting “mutually beneficial relationships” to help “men and women living through tough economic times to afford college.”This is not what I mean when I say that “value added intermediation” is the wave of the future.Note to students: no piece of sheepskin is worth a piece of your soul. Pick a program and a pace you can afford. And choose your major wisely. Realize that many college majors don’t lead to good starting salaries; make sure your plans fit your circumstances. And if you get in a financial jam, talk to your parents before trolling the web.Note to university administrators: this bubble will burst, and sooner than you think.Note to Congress and the President: it is a scandal and a shame that debts taken out by students — among the most vulnerable and the least well informed of consumers — can’t be discharged in bankruptcy. America’s war on youth needs to stop.