December 10, 2009 Mara Bushari

boston-schoolAccording to Kim Clark at US News & World Report, the rising cost of real estate and student demand for hotel-style goodies such as private bathrooms and suites have pushed the cost of dorms up crazily at many college campuses.

At colleges in high-cost areas, even standard shared double dorm rooms now cost more than $1,000 a month. Add in dining expenses, and living on campus at some colleges in New York, Boston, and northern California can cost about $1,700 a month—and that’s not even counting tuition or books.  Now it looks as though purchasing real estate close to campus will pay for itself in the 4 years that students attend college.

The colleges with the priciest dorms generally explain that their costs are high because their dorms are new and offer lots of extras: free Wi-Fi, fitness centers, and “living learning” opportunities to study with professors, for instance. In addition, many colleges require their dorms to turn a profit, which is then funneled to support other college needs such as financial aid.

Here are colleges with some of the priciest dorms in the country. The dorm cost is the average cost of a standard shared double dorm room. Board cost is the standard full meal plan at a cafeteria. Most colleges offer students options to reduce these costs even further by, for example, buying fewer meals or agreeing to share a room with a third student.

School Name 2009-2010 Room and Board 2009-2010 Room alone
New School (NY) $15,260 $12,260
Berklee College of Music (MA) $15,080 N/A
Suffolk University (MA) $14,544 $12,204
St. Francis College (NY) $13,500 $11,000
University of California–Berkeley $13,900 N/A
Loyola Marymount University (CA) $13,260 $9,260
New York University $13,228 $9,212
Fordham University (NY) $13,716 $9,076
University of California–Santa Cruz $13,641 N/A
Georgetown University (DC) $12,706 $8,816

Mara Bushari

Mara is a creative thinker and strategic marketer. She graduated Summa Cum Laude from Boston University’s College of Communication and worked in international finance before joining The Bushari Team. Mara strives to exceed expectations. As Client Relations Specialist, she is a key facilitator in all team transactions, making the buying or selling process as stress-free as possible for the client. Mara learned many of her extraordinary organizational and problem-solving skills during her service in the Israeli Defense Forces, where she earned the “President’s Award” for exceptional service. In the military, Mara solidified her abilities to achieve top results in high pressure and time sensitive situations. In her spare time, Mara enjoys skiing, photography and writing.

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