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The fastest-growing college expense may not be what people think

 

The Hechinger Report

College housing costs are rising faster than tuition, with students and families often underestimating the expense. Universities are building more housing for graduate students and offering scholarships for housing. The cost of living near colleges is also increasing, with high rents in many university towns. Housing costs are a significant financial burden for students, leading to challenges and potential dropouts. Universities are trying to address the issue by building more on-campus housing and offering housing scholarships. The cost of on-campus housing is also rising due to increased demand for services and amenities. The high cost of housing is affecting students’ ability to afford college and is prompting universities to pay attention to the issue….

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