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The Real Reason College Dorms Have Gotten So Expensive
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336,973 Views • Feb 15, 2024 • Click to toggle off description
College dorms have gotten wildly expensive. No, it’s not just tied to the housing market, and no, it's not directly related to rising tuition. Universities have found a new way to fund, build, and maintain housing that’s great for them but not for students' pockets.

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Views : 336,973
Genre: Science & Technology
Date of upload: Feb 15, 2024 ^^


Rating : 4.941 (109/7,235 LTDR)
RYD date created : 2024-05-21T12:56:08.721962Z
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YouTube Comments - 653 Comments

Top Comments of this video!! :3

@ThatLittleTexanWoman

3 months ago

The universities brag about fancy dorms but ignore the reality that most students just want a basic room they can afford without going into debt. I started college almost 20 years ago when these new “apartment style residence halls” were just starting to take over. The older dorms I lived in had vibrant social communities because you couldn’t help but interact with other students. The newer style buildings were always much quieter and people kept to themselves. Aside from affordability, people seemed happier and more social in the cheap dormitories because the design encouraged students to leave their rooms during the day and go to common spaces.

1.3K |

@cameronglynn4860

3 months ago

Imagine getting robbed and told you’re receiving a great life lesson

555 |

@jasonschwartz8507

3 months ago

The overall housing supply shortage in these college town and cities is a huge part of the issue. The low supply of off-campus housing drives up the cost of on-campus housing. The president of Virginia Tech said explicitly in the State of the University address that they will be limiting admissions specifically due to the lack of housing.

1K |

@MrKevmomoney

3 months ago

Virtually everything in university has gotten expensive. One of the main reasons is because administrative staff somehow realized they need to make $500K a year. Not faculty we’re talking administrative.

498 |

@dearthditch

3 months ago

Because tuition and books weren’t gouging enough. Congress needs to look into all of this. Why do we keep saying “oh, well the kids will get loans or something” ???

280 |

@Sidecutter

3 months ago

Yep these leases are designed to last up to 85 years...by which point, when the land returns to the university, the buildings will be practically condemned, because they were built as cheaply and quickly as possible by a developer who was basically handed free access to the pockets of the students by the school that is supposed to be bettering them.

289 |

@tc2241

3 weeks ago

“What’s going on here?” Well, we made college a requirement for most jobs and when you have requirements it’s easy to profit from them. Especially when you defund alternatives

6 |

@mstmompj

3 months ago

As a child, I used to live in a university-owned campus apartment at LSU that was later torn down to build the Nicholson Gateway facilities. The apartments were aimed at married students and students with children (who obviously couldn't live in dorms), as opposed to the general student population. Rents for a 3-bedroom apartment, with utilities included, were under $200/month. Yes, the apartments had basic cinder block walls and linoleum tile floors, but they were affordable and convenient. Of course, back then, students still lived in un-airconditioned dorm rooms in the football stadium building itself!

193 |

@lgarcia67

3 months ago

I have two kids in college right now. They are in different cities. What I have noticed is two things both campuses have in common, one, the lack of new construction around the campuses they are in. Not IN campus; but around, where students can rent. Two, the new dorms inside the campuses look more like a resort than a college dorm and somebody has to pay for all those amenities. Competition has created that. Colleges competing for students have created this new standard and parents keep paying for it. So of course prices continue to jump.

165 |

@torterratom197

3 months ago

Had to live on campus for my freshman year at Clemson. $6,000 for a shared room that was probably 400 sq ft and a required meal plan purchase of over $4,000. I wish they didn't force people to live on campus for the first year of college but I can see why they do it, but to compare, I was able to live 5 minutes from campus in a 4 person apartment for $400 a month and ~$3000 a year in food and fun costs.

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@jpvoodoo5522

2 months ago

There should be no notion of a "high end" dorm. Everyone who stays in dorms gets the same dorm. You want luxury, stay off campus.

108 |

@thesalty162

3 months ago

I live in a tower style dorm constructed in the 1960s, and while I wish I could have a private living space, there is no denying the fact that $700/month is much easier to stomach than the $1500+/month dorm costs that you're seeing in new-build apartment dorms at an increasingly large number of state schools.

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@AGILISFPV

2 months ago

Publicly funded universities need to be student oriented, not profit oriented. Ridiculous.

63 |

@justin_time

3 months ago

College is such a sham. And this is coming from a person with two degrees. I'm curious how colleges will cope with declining enrollment rates and after that, declining birthrates. I hope the taxpayers don't get stuck with the bill for subsidizing developers losses when they inevitably start complaining and try to exit their contracts with the universities because there aren't enough students to fill the dorms to pay rent because college becomes too expensive for folks to attend or the students simply don't exist to fill the slots. A lot will change over the next 65 years in terms of higher education if current trends continue.

85 |

@sup8668

3 months ago

American campus communities is associated with UCI, and they literally just raised their prices another 200$ a month, despite the original statement from the university saying it was a form of “affordable housing”

76 |

@Stelios78910

3 months ago

morning brew could literally cover a topic on anything and make it interesting

57 |

@antonnnn464

3 months ago

I studied in Russia, Germany, and Canada. In early 2000th, a typical room on campus in a large city in Russia cost about $30-50 (you read it right), in a university city in German about 200-300 euros, and in Canada (Montreal) around $400-500. FYI: higher education in both Russia and German is either free or almost tuition free. In Canada, it was around $2000-2500 per year for Quebec residents (aka in-state) at prestigious McGill University. Tuition in the US is insane.

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@johnyarbrough502

3 months ago

The models at 4:54 have washers and driers! No sharing machines in the basement with a handful of quarters and either sitting there for a couple of hours or hoping you still have clothes when come back.

28 |

@javaskull88

2 months ago

A big part of the reason the colleges built more comfortable, fancy dorms with more amenities was that they knew students and families had access to more money than ever before because the US Government dramatically raised student loan borrowing limits. Every time the government gets involved in a market, it skews it. Dorms went from monastic cinder block squares with bunk beds and a radiator - no comfort, no privacy, and a communal bathroom down the hall - to the more apartment-like accommodations of today.

9 |

@alyssapowell1799

3 months ago

My dad went to college in the late 50s and lived in a barracks style building that was set up for the GIs. There were 20 guys to a room with bunk beds, a desk and cabinet. That was it. To study, they went to the library. But I don't think any Millennials or Gen Z would be willing to accept the crappiness of the dorms me or my dad that were incredibly bare bones with lots of issues - no AC, heat that barely worked, noisy, etc. I was in one of the dorms built in the 60s that were rather spartan, but not quite as spartan and the dorms for the GIs. But the competition to get kids to attend would also probably limit those wanting the basic dorm I had in the late 90s.

42 |

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