Students at Oxford University are making thousands of pounds by flogging their work online for other undergraduates to copy.
The brightest students can earn up to £1,000 for sharing an essay on GradeGuru.com, while PhD dissertations can earn postgraduates as much as £20,000.
The site currently offers essays and dissertations from 281 of the UK's top students are offered on the site to students from across the globe.
An Oxford University spokesman labelled the site a "cheater's charter" and said it could spark an epidemic in plagiarism which would be almost impossible to trace.
He said: "If students simply copy the work of others, they are missing part of the learning process and may fare badly when they come to sit formal examinations."
"The problem with the website being available worldwide will make it extremely difficult for universities to find out if a student's work is copied or their own."
The website claims it does not approve of students using GradeGuru.com for plagiarising purposes.
It states: "GradeGuru stands against plagiarism in all its potential forms. Students have long been confronted with opportunities to plagiarise and infringe copyright law ."
But students at the famous university admit to using downloaded work as their own and blame the recession for forcing them to cheat.




