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These institutions were established primarily to provide low-cost education for students who commute from their homes. [1] However, there is an increasing trend toward offering dormitories on these campuses [ citation needed ] , particularly because increased costs are causing more students who would typically enroll in a traditional four-year ...
An American college dormitory room in 2002. A dormitory (originated from the Latin word dormitorium, [1] often abbreviated to dorm), also known as a hall of residence or a residence hall (often abbreviated to halls), is a building primarily providing sleeping and residential quarters for large numbers of people such as boarding school, college or university students.
A closely related issue is the increase in students borrowing to finance college education and the resulting in student loan debt. In the 1980s, federal student loans became the centerpiece of student aid received. [48] From 2006–2012, federal student loans more than doubled and outstanding student loan debt grew to $807 billion. [48]
A student attending a private four year university has an average yearly cost of $49,870. These costs factor in tuition, housing, food, university fees, and supplies such as textbooks, manuals, and uniforms. Two year public universities, such as a community college, factor in tuition and fees, and have an average yearly cost of $3,730.
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This page was last edited on 12 August 2020, at 23:48 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
Student loans totaled more than $1.3 trillion, averaging $25,000 each for 40 million debtors. The debtors average age was 33. ... on average, cost six times what it ...
A student housing cooperative, also known as co-operative housing, is a housing cooperative for student members. Members live in alternative cooperative housing that they personally own and maintain. These houses are designed to lower housing costs while providing an educational and community environment for students to live and grow in.