Rising On-Campus Housing Costs Drive Students to Look Off Campus for Rentals
On-campus housing is becoming increasingly unaffordable for students, especially those with limited funds.
Rising rates in on-campus housing and meal plans at universities across the country are driving students to seek more affordable housing alternatives, such as off-campus apartments. But even those may be too expensive for college students.
Universities such as Arizona State, Eastern Michigan and Bowling Green State are raising housing rates anywhere from 2.6 percent to 49 percent, according to USA Today. On-campus housing at Arizona State will cost nearly 50 percent more this year than it cost in the 2013-14 school year. That's driving students with loans and limited income to look for cheaper alternatives, which are not always easy to find.
Off-campus housing isn’t exempt from exorbitant rates either, though: Upperclassmen at the University of Maryland have been struggling to find affordable apartment communities since luxury units started taking over the local market — and underclassmen get priority for on-campus housing.