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College and University Discussion
Reply to "How important is 4 years of campus housing"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It was important to me since paying for room for 9 months is cheaper than a yearlong rental.[/quote] Unless the cost of that 9 month dorm room is jacked up to equal or exceed the cost of an off-campus 12 mo. lease.[/quote] That is how it is at the ones we looked at though it is actually the opposite--the university has pushed hard to get the adjacent dorm-like apartments to stay reasonable. Parents should do due diligence and investigate off campus options at schools that do not provide 4 yrs, or those such as UVA which provide it but the vast majority of students only stay on campus one year. Costs are upwards of $2500 per month per person for a single bedroom and shared LR, and still require a car at many universities. We have students at two different ivies and the off campus housing options, common for seniors, walkable or next door to the school, are $1200-1700 per person per month for separate bedroom units. It is the same or cheaper per month than dorms. Many high-endowment schools heavily influence local prices and keep them reasonable. I used to live in Palo Alto and Stanford did the same, close options technically off campus yet reasonable compared to palo alto rent. [/quote]
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