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College and University Discussion
Reply to "Living off Campus"
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[quote=Anonymous][quote=Anonymous]We co-signed but weren’t on the hook for the whole lease. The lease covered DCs 1/4 of the apt. The landlord had the right to fill a vacant room with another student. Never happened of course. We did not talk to the other parents but it was a pretty wealthy group of kids so we weren’t concerned. They lived together for 2 years. Beware of the robust sublet market. In DCs town there were a glut of summer sublets available so rents were about 1/3 of the actual cost. We never ended up subletting. DCs apartment was much more expensive than on campus housing. But very few upper classmen lived in dorms so it was what it was. [/quote] OP again. Again, thanks for info. Was it clear from the beginning that living off campus was more expensive? Or were there unanticipated hidden costs? Right now, when we bundle the dorm cost and full meal plan cost, it looks pretty on par with the student oriented (ie older but geographically well placed) apartments if he includes basic utilities, lunch only meal plan, and realistic grocery budget. And, by robust, I mean huge demand. DSS really wants to stay in his university town for the summer, and we are working with him on a realistic way to do so. But that's a whole other conversation! The upperclassman housing at his university actually seems quite nice. However, sophomores get the bottom of the barrel![/quote]
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