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Than any other relationship where the man makes more money than the woman and has all of the control. His reasons for just wanting to set her up financially is that he doesn't want a woman making any demands on him. He said to her that his previous relationships the women wouldn't understand that his job comes first and then they'd end up resenting each other.
So he pays her to be there when he wants her and gives her plenty of money to hang out with her friends and be free to do her school and internship. Sort of a don't call me, I'll call you arrangement. So if she needs to go to the hospital or one of her parents or friends get deathly ill, I don't think she can call him up to run to her side.
I also don't think it's far fetched about the website considering there was the TV show Millionaire Matchmaker where the millionaire's income had to be verified before the matchmaker would start to begin the process of finding women for him to date.
What she gets out of it is travel, money, gifts and business contacts. I don't think she plans on making a "career" out of being a mistress, but I certainly don't think once she's graduated and started her career that she's going to date average income guys, she's shallow and desirous of expensive material goods and it's going to take her years if ever in the career she's chosen to make 7 figures a year. She'll just find a man who makes a lot of money and wants more of a relationship than a mistress.
Is it prostitution, to an extent I suppose but not much more than women who'll date rich men exclusively. If she wants to trade real love and devotion for likeable feelings nice vacations and expensive handbags I can't really blame her or him when love is pretty hard to come by anyway. She's just not someone who's values I share, I find the pursuit of material object pointless. I don't care about fancy designer clothes and accesories and big homes and while the travel is something I'm envious of, I can see London or Atlantic City just fine without staying in the poshest hotel in town and I'm more than willing to save and be patient.