[#permalink]
13 Apr 2007, 11:51
When I was at Columbia Law School many moons ago (I'm an old fart), I lived in subsidized student housing. My room during the first two years was 110 square feet. Yes, folks, 10 by 11. My rent was $900/month (subsidized).
My last year I moved into a business school dorm. When I opened the door and saw 125 square feet, I thought I had never seen anything bigger. I was so happy.
Neither had central air conditioning, so it could get HOT.
I'm sure its more expensive now and I doubt the rooms are much bigger. So, yeh, even though subsidized, you are dealing with s-m-a-l-l. It's like being a college freshman all over again.
I did not apply to either Columbia or NYU and that was a major, but by no means only reason.
In fact, I bet the mortgage payment + property taxes on my 3000 square foot house in a good neighborhood of a nice NC city is hundreds of dollars cheaper than the current rent on my old 110 square foot law school dorm room. Aye carumba!
PS In fairness though, I didn't have to pay any utility bills on my old dorm rooms, but I do on the house. One of my best investments was an AC window unit. With CU paying the bills, I lived in a refrigerator. Muahaha.