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College and University Discussion
Reply to "60% increase in Food+Housing at Virginia Tech in 3-4 years."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This reflects the cost of food and housing generally. How exactly would a school get these things cheaper than everyone else in the community?[/quote] True, housing cost have gone up....generally as housing on the open market has gone up in price, but we're talking about on-campus housing which has been in VT's ownership for who know for how long. Had they been smart, they'd refinanced the loans on those during the low-rate years and cost of housing should have done down, not up.[/quote] Why should they offer housing at bellow market rate? The local slum lords hold more sway than parents who will be gone in anther couple years. At base the issue is that government really doesn't subsidize higher education the way it did for previous generations. If the school can charge more, they will.[/quote]
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