According to an article posted on the CNNMoney website today, Dennis Hof, owner of several brothels in Las Vegas, is helping the women who work for him pay off their student loan debt.
His most well-known establishment is the Moonlite Bunny Ranch Brothel, which was featured on the HBO late-night TV series "Cathouse" from 2005 to 2007.
Hof says that many of the women who apply for jobs at his brothels are college students. In fact, he estimates that roughly 18% of the more than 500 women who work for him are saddled with student loan debt.
So, he's resolved to give them a hand by matching payments the prostitutes make toward their student loan debt over the next two months. He's already helped a few of them pay down their debt, including a few women whom CNNMoney reports owed more than $40,000. The women claim that Hof has been a lifesaver without whom they would not have been able to become debt-free -- at least not this quickly.
I can only imagine Hof seeing a surge in applications after more and more prostitutes learn of his loan assistance program. The student loan epidemic in the United States is well documented, and people are reaching for any lifeline they can get.
It seems this is only slated to last for two months, but if the women clamor hard and long enough for an extension, he might just go with it.
What do you think of this program? Do you find it unusual? Do you think the owners of other brothels with deep pockets might follow suit? Share your thoughts in the comments section!
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